Southern Energy (TSE:SOU) has released an update.
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Southern Energy Corp. has issued over 3 million stock options as part of its compensation and retention strategy, with a significant portion allocated to its top management. The options, exercisable at CAD$0.175, will vest over a two-year period starting from the grant date. This move aims to align the interests of management with those of shareholders and drive the company’s growth in the North American natural gas and light oil sectors.
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