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Libra Energy Materials Changes OTCQB Symbol to LIBRF and Grants New Stock Options

Story Highlights
  • Libra Energy Materials has rebranded its OTCQB ticker to LIBRF, aligning symbols across markets.
  • The company issued over 1.2 million incentive stock options to key personnel, pending CSE approval.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Libra Energy Materials Changes OTCQB Symbol to LIBRF and Grants New Stock Options

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An update from PowerStone Metals Corp. ( (TSE:LIBR) ) is now available.

Libra Energy Materials Inc. has changed its OTCQB Venture Market stock symbol to LIBRF, aligning its U.S. trading designation with its Canadian (LIBR) and Frankfurt (W0R0) listings, a move that may simplify cross-border trading and brand recognition for investors. The company has also granted 1,266,593 incentive stock options at an exercise price of $0.17 per share to officers, employees, directors, and consultants, with the awards vesting over one year and expiring in five years subject to Canadian Securities Exchange approval, underscoring its use of equity-based compensation to retain and motivate key personnel as it advances its critical minerals exploration portfolio in Canada and Brazil.

More about PowerStone Metals Corp.

Libra Energy Materials Inc. is a Canadian mineral exploration company focused on discovering and developing critical minerals essential to the green energy transition. Its portfolio includes the Flanders North, Flanders South, and SBC projects in Ontario under a $33 million earn-in agreement with KoBold Metals, along with wholly owned lithium projects in Ontario and Quebec and a large suite of lithium, graphite, and cobalt projects in Brazil. The company’s leadership team combines experience in mining, mineral exploration, capital markets, energy, and First Nations engagement.

Average Trading Volume: 39,618

Technical Sentiment Signal: Buy

Current Market Cap: C$10.45M

See more insights into LIBR stock on TipRanks’ Stock Analysis page.

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