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Shoal Point Announces Options

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Shoal Point Energy (CSE: SHP) has announced the granting of 780,000 stock options to employees, directors, and consultants. The options will be exercisable at $0.05 per share and will have a 5-year term from the date of grant, in accordance with the company's Stock Option Plan.

Shoal Point Energy (CSE: SHP) ha annunciato il conferimento di 780.000 opzioni su azioni a dipendenti, direttori e consulenti. Le opzioni saranno esercitabili a $0,05 per azione e avranno un termine di 5 anni dalla data di concessione, in conformità con il Piano di Opzioni su Azioni dell'azienda.

Shoal Point Energy (CSE: SHP) ha anunciado la concesión de 780,000 opciones sobre acciones a empleados, directores y consultores. Las opciones serán ejercitables a $0.05 por acción y tendrán un plazo de 5 años desde la fecha de concesión, de acuerdo con el Plan de Opciones sobre Acciones de la compañía.

쇼얼 포인트 에너지 (CSE: SHP)가 직원, 이사 및 컨설턴트에게 780,000 주식 옵션을 부여했다고 발표했습니다. 이 옵션은 주당 $0.05에 행사 가능하며, 부여일로부터 5년의 기간을 가지며, 회사의 주식 옵션 계획에 따라 진행됩니다.

Shoal Point Energy (CSE: SHP) a annoncé l'octroi de 780 000 options d'achat d'actions à des employés, directeurs et consultants. Les options pourront être exercées au prix de $0,05 par action et auront une durée de 5 ans à compter de la date de concession, conformément au Plan d'Options sur Actions de l'entreprise.

Shoal Point Energy (CSE: SHP) hat die Gewährung von 780.000 Aktienoptionen an Mitarbeiter, Direktoren und Berater bekannt gegeben. Die Optionen können zu einem Preis von $0,05 pro Aktie ausgeübt werden und haben eine Laufzeit von 5 Jahren ab dem Zuwendungsdatum, gemäß dem Aktienoptionsplan des Unternehmens.

Positive
  • None.
Negative
  • Stock option issuance may lead to potential shareholder dilution if exercised
  • Exercise price of $0.05 represents potential dilution at a relatively low price point

Vancouver, British Columbia--(Newsfile Corp. - November 14, 2024) - Shoal Point Energy Ltd. (CSE: SHP) today announces that, pursuant to its Stock Option Plan, the Company will be granting 780,000 stock options to certain employees, directors and consultants. The options will be exercisable at $0.05 per share with a 5 year term from the date of grant.

About Shoal Point Energy Ltd.

Shoal Point Energy Ltd. is a public company listed on the CSE exchange under the symbol "SHP". The Company has filed a lawsuit against the Government of Newfoundland and Labrador claiming at least $483,000,000.00 for the constructive taking or de facto expropriation of the Company's interest in certain exploration lands, among other claims.

On behalf of the Board of Directors,

"Mark Jarvis"

Mark Jarvis, CEO

For further information, please contact:
Mr. Mark Jarvis, Chief Executive Officer
Tel - 604 681 2300

Neither The Canadian Securities Exchange (CSE) nor its Regulation Services Provider has neither approved nor disapproved the contents of this news release.

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/229987

FAQ

How many stock options did Shoal Point Energy (SHPNF) grant in November 2024?

Shoal Point Energy granted 780,000 stock options to employees, directors, and consultants.

What is the exercise price for Shoal Point Energy's (SHPNF) November 2024 stock options?

The stock options have an exercise price of $0.05 per share.

What is the expiration term for Shoal Point Energy's (SHPNF) November 2024 stock options?

The stock options have a 5-year term from the date of grant.

SHOAL POINT ENERGY LTD

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