Workflow
Stock Option Grant
icon
Search documents
Bitcoin Well Announces Shares For Debt Settlement, Closing Of Private Placement, Stock Option Grant And Early Warning Disclosure
Thenewswire· 2026-01-01 12:30
Core Viewpoint - Bitcoin Well Inc. announces a shares-for-debt settlement, the grant of stock options, and related early warning disclosure, aiming to enhance its financial position and support its mission to enable independence through bitcoin [1]. Debt Settlement - The company will settle C$291,095 of accrued interest obligations by issuing common shares [2]. - As of January 2, 2026, the company has a total debt of C$210,495 related to certain use of bitcoin agreements and a convertible debenture agreement, with C$96,683 settled by issuing 920,788 shares at C$0.105 per share and C$113,813 settled by issuing 1,354,916 shares at C$0.084 per share [3]. - The company also has C$80,600 in convertible debenture interest debt, which will be settled by issuing 739,449 shares at C$0.109 per share [4]. - Additionally, the company has C$62,905.50 in sponsorship agreement debt, settled by issuing 698,950 shares at C$0.09 per share [5]. - The overall debt settlement is subject to approval from the TSX Venture Exchange [6]. Private Placement - The company has closed its private placement offering, raising approximately C$12,492,081.22 from the sale of 122,471,380 units, including C$6,618,460 in cash and 37.31 Bitcoin valued at approximately C$5,873,621.11 [8][9]. Grant of Stock Options - The company granted stock options to purchase up to 8,292,500 shares at an exercise price of C$0.105 per share, with a vesting schedule over three years and a term of five years [10]. Related Party Transactions - Participation by certain directors and officers in the debt settlement and option grant constitutes related party transactions, with the company relying on exemptions from formal valuation and minority shareholder approval requirements [11]. Early Warning Disclosure - Adam O'Brien, the CEO, acquired 1,800,000 options, maintaining approximately 23.88% of the issued shares on a non-diluted basis and increasing to approximately 25.43% on a partially diluted basis following the option grant [12].
Cannabix Technologies announces Stock Option Grant
Globenewswire· 2025-10-23 03:30
Core Viewpoint - Cannabix Technologies Inc. has granted 2,500,000 incentive stock options to certain directors and consultants, with varying expiration terms and conditions [1] Summary by Relevant Sections Stock Options Granted - The company has issued 2,500,000 incentive stock options, exercisable at a price of $0.55 [1] - The expiration terms for the options are as follows: 700,000 options will expire in five years, 800,000 options will expire in two years (subject to vesting), and 1,000,000 options will expire after one year from the date of grant [1] Hold Period and Compliance - The options and any underlying common shares issued upon exercise will have a hold period of four months and one day, in accordance with CSE policies and applicable securities laws [1] - The options are subject to the terms and conditions of the company's stock option plan and the policies of the CSE [1]
Western Star Resources Grants Stock Options
Thenewswire· 2025-09-30 12:05
Core Viewpoint - Western Star Resources Inc. has granted 400,000 stock options to directors, officers, employees, and consultants, aiming to enhance shareholder value through strategic exploration and development initiatives [1][2]. Group 1: Stock Options - The stock options are exercisable at a price of $0.20 per share for a period of three years from the grant date [2]. - The options are governed by the Company's stock option plan and the policies of the Canadian Securities Exchange [2]. Group 2: Company Overview - Western Star Resources is focused on mineral exploration and development, with the goal of increasing shareholder value through cost-effective exploration practices and strategic partnerships [3]. - The company owns nine non-surveyed contiguous mineral claims totaling 4,740 hectares located in the Revelstoke mining division of British Columbia [3]. - The property group is situated approximately 50 kilometers southeast of Revelstoke and about 10 kilometers north of the abandoned community of Camborne [3].