Mr. Gurminder Sangha reports
FE BATTERY METALS AMENDS STOCK OPTION GRANT
FE Battery Metals Ltd. has amended its stock option grant previously announced in a news release dated May 26, 2023. The company has increased the number of stock options granted to certain directors, officers, employees and consultants from 1.5 million to two million. All other terms and conditions of the stock option grant remain the same, including the exercise price of 59 cents per share.
In addition, the company is pleased to announce it has closed the first tranche of its financing for gross proceeds of $700,000 by way of issuing: (i) 573,770 flow-through shares at a price of 61 cents per share; and (ii) 538,461 FT shares at a price of 64 cents per share. All other terms and conditions related to the above-noted close can be found in the news release dated May 26, 2023.
We seek Safe Harbor.
© 2024 Canjex Publishing Ltd. All rights reserved.