Full Circle Lithium Corp. Announces Options and Early Warning Disclosure
Globenewswire·2025-09-09 21:00

Core Viewpoint - Full Circle Lithium Corp. has granted 1,250,000 stock options to its directors and officers, aimed at enhancing the company's strategic initiatives in the lithium-ion battery safety sector [1] Group 1: Stock Options and Ownership - The stock options are exercisable at $0.30 per share and will expire two years from the grant date [1] - Following a private placement on September 5, 2025, Paul Fornazzari, the Chairman, controls approximately 9.28% of the issued shares on a non-diluted basis and 12.97% on a partially diluted basis [2] - Fornazzari acquired 1,947,000 shares at $0.20 per share, increasing his ownership to approximately 12.01% on a non-diluted basis and 15.92% on a partially diluted basis [3][4] Group 2: Company Overview - Full Circle Lithium Corp. specializes in sustainable solutions for lithium and battery safety, with its flagship product, FCL-X™, designed to combat lithium-ion battery fires [5] - The company is committed to delivering safe, effective, and environmentally responsible fire mitigation technologies [5]