Mr. Irwin Olian reports
DESERT MOUNTAIN ENERGY GRANTS STOCK OPTIONS
Desert Mountain Energy Corp. has granted on Aug. 21, 2019, subject to any necessary regulatory approvals, incentive stock options to purchase in aggregate 800,000 shares of its common stock. Of such options, 450,000 were granted to a group of six officers and directors, while 350,000 were granted to a group of five consultants and employees. Said options were granted under the company's stock option plan and are exercisable for a period of three years at a price of 25 cents per share. They are subject to the company's customary vesting policy.
About Desert Mountain Energy Corp.
The company is an exploratory resource company engaged in exploration and development of helium, oil and gas, and mineral properties in the southwestern United States.
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