Scottie Resources Announces Grant of Stock Options

Rhea-AI Summary

Scottie Resources Corp. has granted 7,400,000 stock options to acquire common shares to directors, officers, and consultants at $0.195 per share, valid for five years.

VANCOUVER, BC, April 17, 2024 /PRNewswire/ - Scottie Resources Corp. (TSXV: SCOT) (OTCQB: SCTSF) (FSE: SR8) ("Scottie" or the "Company") announces that it has granted 7,400,000 options to acquire common shares to certain directors, officers, and consultants to the Company. The options are exercisable at a price of $0.195 per share and are valid for a period of five years.

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

Forward Looking Statements

This news release may contain forward‐looking statements. Forward looking statements are statements that are not historical facts and are generally, but not always, identified by the words "expects", "plans", "anticipates", "believes", "intends", "estimates", "projects", "potential" and similar expressions, or that events or conditions "will", "would", "may", "could" or "should" occur. Although the Company believes the expectations expressed in such forward‐looking statements are based on reasonable assumptions, such statements are not guarantees of future performance and actual results may differ materially from those in forward looking statements. Forward‐looking statements are based on the beliefs, estimates and opinions of the Company's management on the date such statements were made. The Company expressly disclaims any intention or obligation to update or revise any forward‐looking statements whether as a result of new information, future events or otherwise.

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SOURCE Scottie Resources Corp.

FAQ

How many stock options did Scottie Resources Corp. grant in the recent announcement?

Scottie Resources Corp. granted 7,400,000 stock options.

At what price are the stock options exercisable?

The stock options are exercisable at a price of $0.195 per share.

Who are the recipients of the stock options?

The stock options were granted to certain directors, officers, and consultants of the Company.

How long are the stock options valid for?

The stock options are valid for a period of five years.