Mr. Craig Parry reports
ISOENERGY GRANTS OPTIONS
IsoEnergy Ltd. has granted, subject to regulatory approval, 1,685,000 incentive stock options to certain directors, officers and employees of the company.
In addition to the options, the company has also granted Kin Communications Inc. and Swiss Resource Capital AG, subject to regulatory approval, 25,000 stock options each as investor relations consultants to the company.
The options were granted on Jan. 24, 2020, have a term of five years, vest in three annual instalments commencing on the grant date and are exercisable at a price of 38.5 cents per common share of the company. The IR options were also granted on Jan. 24, 2020, have a term of five years, vest in equal quarterly instalments over a 12-month period commencing on the three-month anniversary of the grant date and are exercisable at a price of 38.5 cents per common share of the company.
IsoEnergy is a well-financed uranium exploration and development company with a portfolio of prospective projects in the eastern Athabasca basin in Saskatchewan, Canada, and a historical inferred mineral resource estimate at the Mountain Lake uranium deposit in Nunavut. IsoEnergy is led by a board and management team with a record of success in uranium exploration, development and operations. The company was founded and is supported by the team at its major shareholder, NexGen Energy Ltd.
We seek Safe Harbor.
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