EDMONTON, ALBERTA--(Marketwire - Aug. 12, 2011) - Bri-Chem Corp. ("Bri-Chem") (TSX:BRY), a leading North American wholesale distributor of oil and gas drilling fluids, steel pipe and piping products announces that it has granted options to acquire up to 350,000 common shares to two executive officers, three independent directors and employees of Bri-Chem. The options are granted in accordance with Bri-Chem's stock option plan and have terms that expire ten years from the grant date.
About Bri-Chem
Bri-Chem is a wholesale distributor of drilling fluids, steel pipe and piping products to the oil and gas industry in North America. Bri-Chem provides over 350 drilling fluid products and is a custom blender of cementing, acidizing and fracturing additives and distributes Oil Country Tubular Goods (OCTG), carbon steel welded and seamless fluid and gas transmission pipe. Additional information about Bri-Chem is available at www.sedar.com or at Bri-Chem's website at www.brichem.com.
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Contact Information:
Jason Theiss
CFO
(780) 455 8667 x237
jtheiss@brichem.com
www.brichem.com