VANCOUVER, BC, July 26, 2023 /CNW/ - Total Helium Ltd. (TSXV: TOH), (OTCQB: TTLHF), (FRA: Y02.F) (the "Company") is pleased to announce the Company has granted 3,980,000 incentive stock options (the "Options") to certain directors, officers, employees and consultants of the Company. The Options are exercisable at a price of $0.50 until July 26, 2033. One-half of the Options vest immediately, with a further one-quarter vesting after six months and the balance vesting after twelve months.
Additionally, the Company has granted 250,000 incentive stock options to an arms-length consultant providing investor relations services. These options are exercisable until July 26, 2028 at a price of $0.50, and vest in four equal tranches on a quarterly basis over a twelve month period.
Incentive stock options granted to directors, officers and consultants of the Company are subject to restrictions on resale until November 27, 2023 in accordance with the policies of the TSX Venture Exchange.
On behalf of the Board,
Robert B. Price, Director and CEO
Total Helium Ltd. - www.totalhelium.com
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
Statements included in this announcement, including statements concerning our plans, intentions and expectations, which are not historical in nature are intended to be, and are hereby identified as, "forward-looking statements". Forward-looking statements may be identified by words including "anticipates", "believes", "intends", "estimates", "expects" and similar expressions. The Company cautions readers that forward-looking statements, including without limitation those relating to the Company's future operations and business prospects, are subject to certain risks and uncertainties that could cause actual results to differ materially from those indicated in the forward-looking statements.
SOURCE Total Helium Ltd
contact 604.609.6110
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