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The latest update is out from X-Terra Resources ( (TSE:CLIC) ).
Comet Lithium Corporation has announced the approval of 1,375,000 stock options for its executives, directors, and a consultant. This move, under the company’s Omnibus Equity Incentive Plan, allows recipients to purchase shares at a price above the current market value, potentially aligning management interests with shareholder value and enhancing the company’s strategic positioning in the resource exploration sector.
More about X-Terra Resources
Comet Lithium is a Quebec-focused exploration company with a diverse portfolio of assets, including lithium, gold, copper, and nickel. The company owns the Troilus East Property, located near Troilus Gold’s significant gold-copper deposit, and the Liberty Property adjacent to Winsome Resources’ Adina lithium deposit, among other promising properties in Quebec.
Average Trading Volume: 25,116
Technical Sentiment Signal: Sell
Current Market Cap: C$5.65M
See more insights into CLIC stock on TipRanks’ Stock Analysis page.