Western Exploration Announces New Stock Options Grant

Western Exploration Inc (TSE:WEX) has released an update.

Western Exploration Inc. has granted 1,265,000 incentive stock options to its directors, officers, employees, and consultants, with a vesting schedule over a two-year period and an exercise price of $1.10 per share. Additionally, 150,000 stock options were issued to Peak Investor Marketing Corp. for investor relations services, vesting over an 18-month period. Both sets of options are in accordance with the company’s equity incentive plan and are subject to regulatory approvals and holding periods.

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