Coelacanth Energy Incentivizes Team with Stock Plan

Coelacanth Energy, Inc. (TSE:CEI) has released an update.

Coelacanth Energy Inc. has announced the approval of granting stock options and restricted share units (RSUs) to its directors, officers, employees, and consultants, as part of its incentive plans. A total of 3,885,634 stock options and 1,942,816 RSUs were granted, with specific vesting periods and conditions set for each. This move comes as the company reports having 18,735,674 options and 7,326,801 RSUs outstanding, which remains within their 10% maximum limit of the issued and outstanding common shares.

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