Vertical Announces Grant of Options

Rhea-AI Summary

Vertical Exploration Inc. (TSXV:VERT) Grants 2,850,000 Stock Options at $0.25 Per Share

VANCOUVER, BC / ACCESSWIRE / December 28, 2023 / VERTICAL EXPLORATION INC. (TSXV:VERT) ("Vertical" or "the Company") announces it has granted a total of 2,850,000 stock options to directors, officers and consultants of the company, exercisable at a price of $0.25 per share for a period of 18 months from the date of grant.

The options have been granted in accordance with the company's stock option plan.

ABOUT VERTICAL EXPLORATION

Vertical Exploration's mission is to identify, acquire, and advance high potential mining prospects located in North America for the benefit of its stakeholders. The Company's flagship St-Onge Wollastonite property is located in the Lac-Saint-Jean area in the Province of Quebec.

ON BEHALF OF THE BOARD

Peter P. Swistak, President

FOR FURTHER INFORMATION PLEASE CONTACT: Telephone: 1-604-683-3995 Toll Free: 1-888-945-4770

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

SOURCE: Vertical Exploration Inc.

View the original press release on accesswire.com

FAQ

How many stock options has Vertical Exploration Inc. granted?

Vertical Exploration Inc. has granted a total of 2,850,000 stock options.

At what price are the stock options exercisable?

The stock options are exercisable at a price of $0.25 per share.

Who are the recipients of the granted stock options?

The stock options have been granted to directors, officers, and consultants of Vertical Exploration Inc.

For how long are the stock options exercisable?

The stock options are exercisable for a period of 18 months from the date of grant.

In accordance with what plan have the options been granted?

The options have been granted in accordance with Vertical Exploration Inc.'s stock option plan.