Workflow
Incentive stock options
icon
Search documents
ION Closes Upsized Non-Brokered Private Placement
TMX Newsfile· 2026-03-14 00:07
Core Viewpoint - Lithium ION Energy Limited has successfully closed a non-brokered private placement offering, raising gross proceeds of $1,409,500 through the issuance of 35,237,500 units at a price of $0.04 per unit [1][3]. Group 1: Offering Details - Each unit consists of one common share and one common share purchase warrant, with each warrant allowing the purchase of one common share at $0.05 within 24 months from the closing date [2]. - The company paid finder's fees totaling $44,070 and issued 1,101,750 finder's warrants to assist in the offering [3]. - All securities issued are subject to a four-month hold period expiring on July 14, 2026, in accordance with applicable securities laws [4]. Group 2: Use of Proceeds - The net proceeds from the offering will be used to explore new growth opportunities, maintain the existing exploration portfolio, and for general working capital [3]. Group 3: Related Party Transactions - Directors and/or officers of the company subscribed for a total of 3,250,000 units for gross proceeds of $130,000, which is classified as a related party transaction [5]. - The company is relying on exemptions from formal valuation and minority shareholder approval requirements due to the insider participation not exceeding 25% of the company's market capitalization [5]. Group 4: Stock Options - The company granted 7,000,000 incentive stock options to directors, officers, and consultants, each exercisable at $0.05 per share for five years [6]. - The stock options vest immediately and are subject to the terms of the incentive stock option plan and TSX Venture Exchange policies [6].
Gelum Closes Non-Brokered Private Placement Grants Stock Options
TMX Newsfile· 2026-03-11 23:17
Core Viewpoint - Gelum Resources Ltd. has successfully closed a non-brokered private placement, raising gross proceeds of $1,501,051.76 by issuing 6,526,312 units [1] Group 1: Private Placement Details - Each unit consists of one common share and one-half of a common share purchase warrant, allowing the purchase of an additional common share at $0.38 for 24 months [2] - The warrants may be accelerated if the closing price of the shares reaches or exceeds $0.76 for twenty consecutive trading days [2] - Insider participation included new director Chad Williams, who acquired 434,790 units, qualifying as a related party transaction under MI 61-101 [3] Group 2: Financial Arrangements - Finder's fees were paid to Canaccord Genuity Corp. ($14,007 and 60,900 finder's warrants), Haywood Securities Inc. ($8,050 and 35,000 finder's warrants), and Ventum Financial Corp. ($4,830 and 21,000 finder's warrants) [4] - All securities issued have a four-month and one-day hold period in Canada from the closing date [4] Group 3: Stock Options and Management Changes - The Company granted incentive stock options to directors, officers, and consultants for up to 2,000,000 common shares, exercisable before March 11, 2028, at a price of $0.30 per share [6] - Mr. Robert C. Kopple has resigned from the board of directors effective March 6, 2026 [7] Group 4: Company Overview - Gelum Resources is managed by experienced professionals in the mining and financial sectors [8]
IBC Announces Incentive Stock Option Awards
Accessnewswire· 2026-01-22 17:20
Core Viewpoint - IBC Advanced Alloys Corp. has granted incentive stock options to its directors, officers, employees, and consultants, allowing the purchase of up to 2,975,000 common shares at a price of C$0.09 per share, expiring on January 27, 2031, with immediate vesting [1]. Summary by Category Stock Options - The company has issued a total of 2,975,000 incentive stock options [1] - The exercise price for these options is set at C$0.09 per share [1] - The options will expire on January 27, 2031, and they vest immediately [1]
Sun Peak Metals Grants Stock Options
Accessnewswire· 2026-01-09 22:30
Core Viewpoint - Sun Peak Metals Corp. has granted a total of 6,575,000 incentive stock options to its directors, officers, employees, and consultants, exercisable for up to five years at an exercise price of $0.38, which is the closing share price on January 8, 2026 [1]. Summary by Category - **Stock Options Granted**: The company has approved the issuance of 6,575,000 incentive stock options as part of its shareholder-approved stock option plan [1]. - **Exercise Price**: The exercise price for these options is set at $0.38, reflecting the closing share price on January 8, 2026 [1]. - **Duration**: The stock options are exercisable for a period of up to five years [1].
Future Fuels Inc. Grants Stock Options
Accessnewswire· 2025-10-20 23:20
Core Viewpoint - Future Fuels Inc. has granted 1,500,000 incentive stock options to directors, officers, and consultants under its Equity Incentive Plan, which can be exercised at a price of $1.20 per share for three years until October 20, 2028 [1] Group 1 - The total number of stock options granted is 1,500,000 [1] - The exercise price for the options is set at $1.20 per share [1] - The options will expire three years from the grant date, specifically on October 20, 2028 [1]