Thermal Energy International Announces Grant of Stock Options

Core Points - Thermal Energy International Inc. has granted 3,334,000 stock options to its officers and directors as part of a remuneration and incentive program [1][2] - The stock options have a 5-year term and are exercisable at a price of $0.125, with specific vesting schedules for different portions of the options [2] Company Overview - Thermal Energy International Inc. specializes in energy efficiency and emissions reduction solutions, primarily serving Fortune 500 and large multinational companies [4] - The company claims to recover up to 80% of energy lost in typical boiler plant and steam system operations, providing significant financial and environmental benefits [4][5] - Thermal Energy operates as a fully accredited professional engineering firm with offices in Canada, the USA, and the UK, and has sales offices across Europe [5] Stock Information - The company's common shares are traded on the TSX Venture Exchange under the symbol TMG and on the OTCQB under the symbol TMGEF [6]