Comet Industries Expands Real Estate Holdings and Approves Stock Options

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Comet Industries Expands Real Estate Holdings and Approves Stock Options

Comet Industries ( (TSE:CMU) ) just unveiled an update.

Comet Industries Ltd. has approved the grant of 60,000 incentive stock options to its directors, with each option exercisable at $3.85 per share, expiring in March 2030. Additionally, the company has acquired a 0.39-acre property for inclusion in the Iron Mask Industrial Park, enhancing its real estate development portfolio in British Columbia.

More about Comet Industries

Comet Industries Ltd., based in Vancouver, British Columbia, is engaged in holding and developing real properties within the province. The company is listed on the TSX Venture Exchange and is currently developing a light industrial park in Kamloops, BC, while also owning unimproved land on Nelson Island, BC.

YTD Price Performance: 5.62%

Average Trading Volume: 10,000

Technical Sentiment Signal: Buy

Current Market Cap: C$21.28M

Find detailed analytics on CMU stock on TipRanks’ Stock Analysis page.

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