Umbral Energy Corp. has granted a total of 6.85 million incentive stock options to directors, officers, employees and consultants under the company's stock option plan. The options are exercisable at 14 cents per share and will expire Nov. 15, 2022. Following this grant of options, the company has 10.05 million stock options outstanding.
About Umbral Energy Corp.
The company is currently listed as a junior resource issuer having mineral exploration projects. The company is considering other activities to increase shareholder value, including non-resource projects.
Umbral has a mineral exploration project in Quebec. In addition, the company has a 75-per-cent interest in PhyeinMed, who has applied for a license from Health Canada to legally grow and sell medical marijuana.
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