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Millennial Lithium Corp
Symbol ML
Shares Issued 97,861,400
Close 2021-11-01 C$ 4.74
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Millennial Lithium corrects stock option exercise price

2021-11-02 14:29 ET - News Release

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.

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