Canada Rare Earth (TSE:LL) has released an update.
TipRanks Cyber Monday Sale
- Claim 60% off TipRanks Premium for data-backed insights and research tools you need to invest with confidence.
- Subscribe to TipRanks' Smart Investor Picks and see our data in action through our high-performing model portfolio - now also 60% off
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.
For further insights into TSE:LL stock, check out TipRanks’ Stock Analysis page.