Napoleon Resources Grants Stock Options for 800,000 Shares at $0.15
Napoleon Resources Inc. (TSXV: NAP) granted stock options to directors and officers to acquire 800,000 common shares at an exercise price of $0.15 per share.
Napoleon Resources Inc. (TSXV: ) granted stock options to directors and officers to acquire an aggregate 800,000 common shares at an exercise price of $0.15 per share, the Vancouver-based materials company announced June 22.
The grant allocates equity compensation to the company's board and executive team, though Napoleon Resources did not disclose individual recipient names, the vesting schedule, or the expiration date of the options. The $0.15 strike price sets the threshold at which optionholders can convert the instruments into common shares.
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