Mr. Farhad Abasov reports
MILLENNIAL ANNOUNCES CORRECTION TO STOCK OPTION EXERCISE PRICE
Millennial Lithium Corp. has made a correction to certain incentive stock options previously granted by the company. On March 24, 2021, the company announced the granting of 3,435,000 incentive stock options to certain directors, officers, employees and consultants of the company and its Argentine subsidiary, Proyecto Pastos Grandes SA. The options were granted under the terms and conditions of the company's incentive stock option plan and had been announced at a price of $2.98 per common share. In accordance with the TSX Venture Exchange policies, the minimum allowable option exercise price at the time of grant was $3.65 per common share. As such, the exercise price of the options has been corrected accordingly. The 3,435,000 options are exercisable for a period of five years from the original grant date at a price of $3.65 per common share.
We seek Safe Harbor.
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