Shoal Point Announces Options

Rhea-AI Summary

Shoal Point Energy Ltd. (CSE: SHP) grants 300,000 stock options to consultants at $0.06 per share with a 5-year term from the date of grant.

Vancouver, British Columbia--(Newsfile Corp. - December 21, 2023) - Shoal Point Energy Ltd. (CSE: SHP) today announces that, pursuant to its Stock Option Plan, the Company will be granting 300,000 stock options to certain consultants. The options will be exercisable at $0.06 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 is focused on oil and gas exploration in Kansas and retains its oil and gas interests in the Humber Arm Allochthon play in western Newfoundland. The Company is also actively evaluating new opportunities.
 

On behalf of the Board of Directors,

"Mark Jarvis"

Mark Jarvis, CEO
 

For further information, please contact:
Mr. Mark Jarvis Chief Executive Officer
416-637-2181 extension 310
 

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/192034

FAQ

What is the latest announcement from Shoal Point Energy Ltd. (CSE: SHP)?

Shoal Point Energy Ltd. (CSE: SHP) has announced the granting of 300,000 stock options to certain consultants at $0.06 per share with a 5-year term from the date of grant.

How many stock options are being granted by Shoal Point Energy Ltd. (CSE: SHP)?

Shoal Point Energy Ltd. (CSE: SHP) is granting 300,000 stock options to certain consultants.

At what price are the stock options exercisable granted by Shoal Point Energy Ltd. (CSE: SHP)?

The stock options granted by Shoal Point Energy Ltd. (CSE: SHP) are exercisable at $0.06 per share.

What is the term of the stock options granted by Shoal Point Energy Ltd. (CSE: SHP)?

The stock options granted by Shoal Point Energy Ltd. (CSE: SHP) have a 5-year term from the date of grant.