SHARC Energy Announces Cancellation of Incentive Stock Options

Core Viewpoint - SHARC International Systems Inc. has cancelled a total of 2,363,854 incentive stock options effective December 31, 2025, impacting various expiry dates and exercise prices [1]. Group 1: Stock Options Cancellation - The company cancelled 607,808 options expiring on May 30, 2027, with an exercise price of $0.335 [1]. - A total of 1,520,000 options were cancelled that were set to expire on April 27, 2028, at an exercise price of $0.27 [1]. - Additionally, 136,046 options expiring on June 28, 2029, with an exercise price of $0.28, and 100,000 options expiring on October 17, 2023, at an exercise price of $0.245 were also cancelled [1]. Group 2: Company Overview - SHARC International Systems Inc. is recognized as a leader in energy transfer, utilizing wastewater for thermal energy exchange [2]. - The company's systems are designed for heating, cooling, and hot water production, serving commercial, residential, and industrial buildings, as well as thermal energy networks known as "District Energy" [2]. Group 3: Public Trading Information - SHARC Energy is publicly traded on the Canadian Securities Exchange (CSE: SHRC), the OTCQB in the United States (OTCQB: INTWF), and on the Frankfurt Stock Exchange (FSE: IWIA) [3].