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LUCERO ENERGY CORP. ANNOUNCES SHARE AWARD GRANT

Newswire.ca - Tue Jul 4, 2023

CALGARY, AB, July 4, 2023 /CNW/ - Lucero Energy Corp. ("Lucero" or the "Company") (TSXV: LOU) (OTCQB: PSHIF) announces that pursuant to the Company's Bonus Award Incentive Plan (the "Plan"), an aggregate of 1,883,787 restricted awards and 5,996,683 performance awards were granted to certain officers and directors of the Company. The awards vest on September 10, 2026 and expire December 15, 2026. The awards may be settled by Lucero, at the Company's sole discretion, in cash and/or Common Shares, in accordance with the terms of the Plan.

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