MCW Enterprises Grants Incentive Stock Options

MCW Enterprises Ltd. (TSX VENTURE:MCW) ("MCW"), a Canadian holding company involved in fuel distribution and oil sands recovery technology, announced today that its board of directors has approved the grant of 3,340,000 stock options to certain officers, directors and consultants of MCW at an exercise price of $1.10 per common share expiring on November 11, 2017.

MCW currently has 34,074,887 issued and outstanding common shares and accordingly can grant up to 3,407,488 stock options pursuant to its stock option plan. Including the grant announced today, MCW currently has 3,406,666 stock options outstanding.

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