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The latest announcement is out from Acceleware ( (TSE:AXE) ).
Acceleware has announced the grant of stock options for 1,634,000 common shares to select employees, consultants, officers, and directors. The stock options, expiring in 2030 with an exercise price of $0.09 per share, are part of a strategic move to incentivize its team as the company advances its decarbonization technologies across key industrial sectors, subject to regulatory approval.
More about Acceleware
Acceleware is an advanced electromagnetic heating company specializing in scalable EM solutions for large industrial applications. It focuses on electrifying and decarbonizing industrial process heat, which can significantly reduce global GHG emissions. Acceleware is piloting technologies like RF XL for oil sands and collaborating on projects to decarbonize various industrial sectors, including mining, steel, and agriculture.
YTD Price Performance: -21.74%
Average Trading Volume: 20,314
Technical Sentiment Consensus Rating: Strong Buy
Current Market Cap: C$11.25M
See more insights into AXE stock on TipRanks’ Stock Analysis page.
