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The latest announcement is out from Petro-Victory Energy ( (TSE:VRY) ).
Petro-Victory Energy Corp. has announced the approval of stock options for 918,507 common shares to its directors, officers, employees, and consultants. These options, which are part of the company’s stock option plan, are set at an exercise price of $0.95 and will vest annually over three years, expiring in May 2030. This move is expected to align the interests of the company’s leadership with those of the shareholders, potentially enhancing the company’s operational focus and market positioning.
More about Petro-Victory Energy
Petro-Victory Energy Corp. is an oil and gas company engaged in the acquisition, development, and production of crude oil and natural gas in Brazil. The company manages a portfolio of 49 concession contracts covering 276,755 acres, along with additional joint ownership of 6 concessions and 19,074 acres with BlueOak. Petro-Victory focuses on high-impact, low-risk investments to deliver sustainable shareholder value, and its common shares are traded on the TSX Venture Exchange under the ticker symbol VRY.
Average Trading Volume: 5,887
Technical Sentiment Signal: Sell
Current Market Cap: C$14.4M
See more insights into VRY stock on TipRanks’ Stock Analysis page.