Pan Orient Energy (TSE:CEC) has released an update.
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CanAsia Energy Corp., a Calgary-based oil and gas company, has granted options for 7.4 million common shares to its directors, officers, and an employee as part of its equity incentive plan. These options are exercisable at $0.135, vest over three years, and will expire in 2029. This grant brings the total outstanding options to 9.075 million, representing 8.1% of CanAsia’s common shares.
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