Carlyle Commodities Corp (CSE:CCC, OTCQB:CCCFF) told investors it has approved the issuance of 2.5 million stock options to certain officers, directors, and consultants of the company for the purchase of up to 2.5 million common shares under its Stock Option Plan.
The company said each option vested immediately and is exercisable for a period of five years at an exercise price of $0.125 per share.