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Graphite One Announces Grant of Stock Options

Newswire.ca - Fri May 17, 6:00AM CDT

VANCOUVER, BC, May 17, 2024 /CNW/ - (TSX-V: GPH) (OTCQX: GPHOF) (the "Company"), announces that it has granted an aggregate of 900,000 incentive stock options (the "Options") to two individuals, who are both directors and officers of the Company (the "Optionees").  Each Option is exercisable into one common share in the capital of the Company (a "Common Share") at an exercise price of $0.85 per Common Share and which expire five years following the date of grant.  The Options are subject to a three-year vesting period with 300,000 options vesting on the first, second and third anniversary from the grant date.

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