South Star Battery Metals Corp announced that it has granted stock options pursuant to its 2022 10% rolling stock option plan to a company director and a consultant to purchase up to 208,000 South Star Battery common shares.
The stock options are exercisable at $0.74 per share and expire five years from the date of grant.
The battery metals project developer noted that it has granted 334,053 restricted share units (RSUs) to a company director and an officer at a deemed value of C$0.74, with 100% of the RSUs vesting on January 5, 2025.