Century Lithium Corp. (TSXV:LCE, OTCQX:CYDVF, Frankfurt, C1Z) announced the issuance of a total of 254,167 incentive stock options (options) and 254,167 deferred share units (DSUs) to its non-executive Board members.
The options are exercisable at a price of $0.45 per share, have a five-year term, and are subject to a vesting schedule ranging from 2.5 to 4.5 months. The DSUs will fully vest one year from the date of grant.
Both the Options and DSUs have been granted in accordance with the company’s Long-Term Incentive Plan and are subject to the policies of the TSX Venture Exchange.
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