Wescan Energy Corp (WCE)

[JonnyRBuck12]

Wescan Energy grants options to buy 2.8 million shares

2021-09-29 12:55 ET - News Release

Mr. Greg Busby reports

WESCAN ENERGY GRANTS STOCK OPTIONS

Wescan Energy Corp.'s board of directors has approved the issuance of stock options to purchase 2.8 million common shares of the corporation at a price of six cents per share, exercisable until Sept. 29, 2026. The options vest immediately and are being issued to directors, officers and consultants of the corporation in accordance with the corporation's stock option plan. The stock options (and common shares issuable thereunder) are subject to a four-month-plus-one-day hold period, expiring Jan. 30, 2022, in accordance with the policies of the TSX Venture Exchange. These stock options grants remain subject to receipt of final approval from the TSX-V.