United Battery Metals Grants Stock Options
September 17, 2018 (Source) — United Battery Metals Corp. (CSE: UBM, OTC: UBMCF, FWB: 0UL) (“United Battery Metals” or the “Company”) announces it has granted an aggregate of 700,000 incentive stock options (the “Stock Options”) to directors and officers of the Company in accordance with the Company’s rolling stock option plan that provides for the issuance of up to 10% of the issued capital of the Company at any time.
The Stock Options are exercisable at $0.90 per common share, will expire on September 14, 2023 and are subject to future vesting provisions.
Following this grant of incentive stock options, the Company has a total of 900,000 stock options outstanding representing 3.62% of the outstanding common shares of the Company. This stock option grant is subject to Canadian Securities Exchange approval.
ON BEHALF OF THE BOARD OF
UNITED BATTERY METALS CORP.
/s/ Matthew Rhoades
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Chief Executive Officer and Director
Neither the Canadian Securities Exchange nor its Regulation Services Provider accepts responsibility for the adequacy or accuracy of this news release and has neither approved nor disapproved the contents of this news release.
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