Carlyle Announces Stock Option Grant

Rhea-AI Summary

Carlyle Commodities Corp. has approved the issuance of 1,800,000 stock options to officers, directors, and consultants, allowing the purchase of up to 1,800,000 common shares. Each option is exercisable for five years at an exercise price of $0.09 per share.

Vancouver, British Columbia--(Newsfile Corp. - January 22, 2024) - CARLYLE COMMODITIES CORP. (CSE: CCC) (FSE: BJ4) (OTCQB: CCCFF) ("Carlyle" or the "Company") is pleased to announce it has approved the issuance of 1,800,000 stock options to certain officers, directors, and consultants of the Company for the purchase of up to 1,800,000 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 $0.09 per share.

About Carlyle

Carlyle is a mineral exploration company focused on the exploration and development of its 100% owned Newton Gold Project, located in the Clinton Mining Division of B.C. The Company 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/195251

FAQ

How many stock options have been approved by Carlyle Commodities Corp.?

Carlyle Commodities Corp. has approved the issuance of 1,800,000 stock options.

Who is eligible to purchase the common shares?

Officers, directors, and consultants of the Company are eligible to purchase the common shares.

What is the exercise price for each option?

The exercise price for each option is $0.09 per share.

How long is each option exercisable?

Each option is exercisable for a period of five years.