Carlyle Announces Stock Option Grant

Rhea-AI Summary

Carlyle Commodities Corp. approves issuance of 1,000,000 stock options to consultants at $0.055 per share.

Vancouver, British Columbia--(Newsfile Corp. - April 4, 2024) - CARLYLE COMMODITIES CORP. (CSE: CCC) (FSE: BJ4) (OTC Pink: CCCFF) ("Carlyle" or the "Company") is pleased to announce it has approved the issuance of 1,000,000 stock options to certain consultants of the Company for the purchase of up to 1,000,000 common shares in the capital of the Company pursuant to the Company's Stock Option Plan. Each option vested immediately and is exercisable for a period of five (5) years at an exercise price of $0.055 per share.

About Carlyle

Carlyle is a mineral exploration company focused on the acquisition, exploration, and development of mineral resource properties. Carlyle owns 100% of the Newton Project in the Clinton Mining Division of B.C. and is listed on the CSE under the symbol "CCC".

ON BEHALF OF THE BOARD OF DIRECTORS OF

CARLYLE COMMODITIES CORP.

"Morgan Good"

Morgan Good
President and Chief Executive Officer

For more information regarding this news release, please contact:

Morgan Good, CEO and Director
T: 604-715-4751
E: morgan@carlylecommodities.com
W: www.carlylecommodities.com

Neither the CSE nor its Regulation Services Provider (as that term is defined in the policies of the CSE accepts responsibility for the adequacy or accuracy of this release).

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/204451

FAQ

How many stock options were approved by Carlyle Commodities Corp.?

Carlyle Commodities Corp. approved the issuance of 1,000,000 stock options.

What is the exercise price per share for the stock options?

The exercise price per share for the stock options is $0.055.

How long is the period of exercisability for the stock options?

The stock options are exercisable for a period of five (5) years.