Mr. Matthew Goodman reports
ODYSSEY RESOURCES GRANTS INCENTIVE STOCK OPTIONS
Odyssey Resources Ltd. has granted an aggregate of 1.82 million incentive stock options under the company's share option plan to certain directors and officers of the company, as part of its long-term incentive plan.
All of the options are exercisable for a period of five years, ending on Oct. 21, 2030, at an exercise price of 11.5 cents. The options all vest immediately.
The plan allows for the issuance of up to 10 per cent of the issued and outstanding common shares of the company in the form of options. As of the date hereof, a total of 38,231,486 common shares of the company are issued and outstanding, and the option grant represents approximately 4.76 per cent of the issued and outstanding common shares.
About Odyssey Resources Ltd.
Additional information about the company is available on the company's website and on SEDAR+.
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