Bankers Petroleum Ltd. Block Admission Return

5th Mar 2012 07:00

Bankers Petroleum Ltd. - Block Admission Return

CALGARY, March 5 /CNW/ - The Company makes the following announcement with respect to the issuance of common shares, options and warrants for the period from September 1, 2011 to February 29, 2012.

COMMON SHARES ISSUED & OUTSTANDING

------------------------------------------------------------------------- Warrants Exercised (pursuant to the Shares Outstanding Options 2009, 2010 and 2012 Shares Outstanding September 1, 2011 Exercised warrant issuances) February 29, 2012 ------------------------------------------------------------------------- 247,481,769 544,501 2,710,050 250,736,320 ------------------------------------------------------------------------- OPTIONS OUTSTANDING ------------------------------------------------------------------------- Stock Options Stock Options Outstanding Stock Stock Stock Exercise Outstanding September 1, Options Options Options Price $/ February 29, 2011 Exercised Granted Cancelled share (Cdn.) 2012 ------------------------------------------------------------------------- 19,838,558 ------------------------------------------------------------------------- 15,000 4.49 ------------------------------------------------------------------------- 50,000 3.82 ------------------------------------------------------------------------- 35,000 3.98 ------------------------------------------------------------------------- 35,000 1.53 ------------------------------------------------------------------------- 60,000 3.28 ------------------------------------------------------------------------- 50,000 3.44 ------------------------------------------------------------------------- 135,000 4.97 ------------------------------------------------------------------------- 35,000 4.73 ------------------------------------------------------------------------- 85,000 4.74 ------------------------------------------------------------------------- 6,667 4.84 ------------------------------------------------------------------------- 11,668 8.58 ------------------------------------------------------------------------- 20,001 4.84 ------------------------------------------------------------------------- 261,166 1.68 ------------------------------------------------------------------------- 83,334 2.37 ------------------------------------------------------------------------- 58,334 1.05 ------------------------------------------------------------------------- 50,000 1.83 ------------------------------------------------------------------------- 3,588,500 4.83 ------------------------------------------------------------------------- 120,000 4.67 ------------------------------------------------------------------------- 70,000 5.36 ------------------------------------------------------------------------- 50,000 4.44 ------------------------------------------------------------------------- 35,000 4.95 ------------------------------------------------------------------------- TOTALS: ------------------------------------------------------------------------- 19,838,558 -544,501 +4,278,500 -31,669 23,540,888 -------------------------------------------------------------------------

Stock Options are issued in accordance with the Bankers Stock Option Plan.

WARRANTS OUTSTANDING ------------------------------------------------------------------------- Warrants Warrants Outstanding Exercise Outstanding September 1, Warrants Warrants Warrants Price $/ February 29, 2011 Exercised Issued Cancelled share (Cdn.) 2012 ------------------------------------------------------------------------- 4,863,066 ------------------------------------------------------------------------- 2,710,050 0 0 2.37 ------------------------------------------------------------------------- TOTALS: ------------------------------------------------------------------------- 4,863,066 -2,710,050 0 0 2,153,016 -------------------------------------------------------------------------

On October 1, 2008 the Company applied to AIM for a blocklisting entitlement of 19,099,529 of common shares. As at February 29, 2012, 4,949,305 common shares are remaining under this blocklisting entitlement.

As at February 29, 2012, the total capitalization of the Company is 250,736,320 common shares, 23,540,888 options and 2,153,016 warrants.

This press release is being issued in compliance with the rules of the AIM market of the London Stock Exchange.

For more information please contact:

Douglas Urch

Executive VP, Finance & Chief Financial Officer

(403) 513-2691(403) 228-9506AIM NOMAD:Canaccord Genuity Limited

Ryan Gaffney/ Henry Fitzgerald-O'Connor

+44 20 7050 6500AIM JOINT BROKERS:Canaccord Genuity Limited

Ryan Gaffney/ Henry Fitzgerald-O'Connor

+44 20 7050 6500Macquarie Capital AdvisorsBen Colegrave/Paul Connolly+44 20 3037 5639 (BNK.)

XLON

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