BTU Option Grant

Rhea-AI Summary

BTU Metals Corp. (TSXV:BTU)(OTC PINK:BTUMF) has granted 600,000 stock options to a director and an officer, exercisable at $0.14 per share for a period of three years. This move aligns with the company's stock option plan, aiming to incentivize key personnel. The decision signifies BTU's commitment to retaining talent and aligning interests with shareholders by offering equity-based compensation.

Positive

• Granting 600,000 stock options aligns with the company's stock option plan.
• Stock options are exercisable at $0.14 per share, potentially incentivizing performance.

Negative

• None.

VANCOUVER, BC / ACCESSWIRE / May 12, 2021 / BTU METALS CORP. ("BTU" or the "Company") (TSXV:BTU)(OTC PINK:BTUMF) announces it has granted a total of 600,000 stock options to a director and an officer of the company exercisable at a price of $0.14 per share for a period of three years from the date of grant. The options have been granted in accordance with the company's stock option plan.

ON BEHALF OF THE BOARD

"Paul Wood"

Paul Wood, CEO, Director
pwood@btumetals.com

SOURCE: BTU Metals Corp.

View source version on accesswire.com:
https://www.accesswire.com/647152/BTU-Option-Grant

FAQ

What is the recent stock option grant by BTUMF?

BTU Metals Corp. recently granted 600,000 stock options to a director and an officer, exercisable at $0.14 per share for three years.

How many stock options were granted by BTU Metals Corp.?

BTU Metals Corp. granted a total of 600,000 stock options.

What is the exercise price of the stock options granted by BTU?

The exercise price of the stock options granted by BTU is $0.14 per share.

What is the duration for which the stock options are exercisable?

The stock options granted by BTU are exercisable for a period of three years from the date of grant.