Macro Enterprises Inc. Announces Grant of Stock Options

FORT ST. JOHN, British Columbia, Dec. 14, 2018 (GLOBE NEWSWIRE) -- Macro Enterprises Inc. (the “Company” or “Macro”) has granted, under its Stock Option Plan, incentive stock options to certain key employees and certain directors of the Company to purchase up to an aggregate of 930,000 common shares in the capital of the Company exercisable for a period of five years ending on December 13, 2023 at a price of $3.15 per share.  Of the options granted, a total of 240,000 were granted to directors and officers of the Company.  These option grants recognize the hard work and dedication shown by Macro’s employees and directors, positioning Macro to carry out significant pipeline and facilities construction projects over the next few years.  In making these option grants, Macro’s principal intention is to ensure that its employees remain aligned with the Company’s goals and engaged to support its continuing success.

Macro’s core business is providing pipeline and facilities construction and maintenance services to major companies in the oil and gas industry.  The Company’s corporate office is in Fort St. John, British Columbia.  Its shares are listed on the TSX Venture Exchange under the symbol MCR.  Information on the Company’s principal operating unit, Macro Industries Inc., can be found at www.macroindustries.ca

For further information please contact:
Frank Miles                                                                                           Jeff Redmond
President and C.E.O.                                                                            C.F.O.
Phone:  (250) 785-0033                                                                        (250) 785-0033

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.