Ion Energy Ltd (TSE:ION) has released an update.
Invest with Confidence:
- Follow TipRanks' Top Wall Street Analysts to uncover their success rate and average return.
- Join thousands of data-driven investors – Build your Smart Portfolio for personalized insights.
Lithium ION Energy Ltd., a company engaged in the exploration and development of lithium resources, has settled a debt of $143,669 through the issuance of 606,675 common shares and has concurrently granted 1,250,000 stock options to insiders and consultants. These newly issued shares will adhere to a four-month hold period, while the stock options are exercisable at $0.09 for two years. This strategic financial maneuver is set to bolster ION’s position in the lithium market, as it continues to expand its exploration projects in Mongolia and Canada.
For further insights into TSE:ION stock, check out TipRanks’ Stock Analysis page.
