HECOF - Global Helium Corp. Announces Grant of Stock Options | Benzinga
CALGARY, Alberta, Sept. 22, 2023 (GLOBE NEWSWIRE) -- Global Helium Corp. ("HECO" or the "Company") (CSE:HECO, OTC:HECOF) today announces the Company has granted stock options (the "Options") under HECO's stock option plan (the "Option Plan") to certain directors and officers (the "Option Recipients").
In total, 1,050,000 Options have been granted, with each Option representing the right to receive one common share of the Company upon vesting, exercisable at a price of $0.25. The Options will vest as to 25% on each of the 6th, 12th, 18th, and 24th month anniversaries of the date of grant. The Options will expire on September 22, 2028. These grants represent compensation to the Option Recipients for their respective service to HECO as directors and officers of the Company and as an incentive mechanism to foster the interest of such persons in the success of the Company.
About Global Helium Corp.
Global Helium is one of Canada's largest helium exploration and development companies, focused on the exploration, acquisition, development, and production of helium, done right. The Company has carved out a differentiated position through a unique Farm-In Agreement with industry veteran, Perpetual Energy Inc., ...