Canada Rare Earth (TSE:LL) has released an update.
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Canada Rare Earth Corp. has rolled out a new 10% stock option plan following shareholder approval at its Annual Meeting, aligning with practices of other TSX Venture Exchange Issuers. In addition, the company has awarded 2.85 million stock options to its Officers, Directors, and Consultants, exercisable at $0.05 for the next five years. This move is part of the company’s strategy to continue its expansion in the global essential minerals business, particularly rare earth minerals.
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