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Graphano Energy Ltd
Symbol GEL
Shares Issued 15,154,566
Close 2021-11-11 C$ 0.50
Recent Sedar Documents

Graphano grants options to buy 1.5 million shares

2021-11-12 11:02 ET - News Release

Ms. Luisa Moreno reports

GRAPHANO ENERGY GRANTS STOCK OPTIONS

Graphano Energy Ltd. has granted stock options to acquire an aggregate of 1.5 million common shares in the capital of the company at an exercise price of 50 cents per share, in accordance with its 10-per-cent rolling stock option plan.

A total of 1.3 million options were granted to certain directors and officers of the company. All options are fully vested and exercisable for a five-year term, expiring on Nov. 11, 2026. Any options exercised prior to March 12, 2022, will bear a resale restriction expiring on such date.

About Graphano Energy Ltd.

Graphano Energy is a mining company that is focused on evaluating, acquiring and developing energy metal resources from exploration to production.

Graphite is one of the most in-demand technology minerals that is required for a green and sustainable world. Graphano's property, located in Quebec, Canada, has historically been an active area for natural graphite. With the demand for graphite growing in some of the most prominent and cutting-edge industries, such as lithium batteries in electric cars and other energy storage technologies, Graphano is developing its project to meet the demands of the future.

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