Ms.
Teresa Piorun
reports
RECYCLICO GRANTS STOCK OPTIONS
Recyclico Battery Materials Inc. has granted an aggregate of 12.5 million stock options to directors and officers pursuant to the company's omnibus equity incentive plan. The stock options have an exercise price of 19 cents per share and an expiry date of Feb. 7, 2029.
About Recyclico Battery Materials Inc.
Recyclico is a battery material company specializing in sustainable lithium-ion battery recycling and material production. Recyclico has developed advanced technologies that efficiently recover battery-grade materials from lithium-ion batteries, addressing the global demand for environmentally friendly solutions in energy storage. With minimal processing steps and up-to-99-per-cent extraction of lithium, cobalt, nickel and manganese, the patented, closed-loop hydrometallurgical process turns lithium-ion battery waste into battery-grade cathode precursor, lithium hydroxide and lithium carbonate for direct integration into the remanufacturing of new lithium-ion batteries.
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