Mapan Energy Ltd. Announces Grant of Options

CALGARY, ALBERTA--(Marketwired - Feb 2, 2015) - Mapan Energy Ltd. ("Mapan") (TSX VENTURE:MPG) announces that the company's board of directors have granted options to an officer of Mapan to acquire an aggregate of 250,000 common shares of Mapan at a price of $1.30 per share pursuant to Mapan's share option plan. The options vest as to one-third on each of the first, second and third anniversaries of the date of grant, and have a term of 5 years. Mapan currently has 71,420,395 common shares outstanding.

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