Stampede Drilling (TSE:SDI) has released an update.
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Stampede Drilling Inc. has issued 5.27 million stock options to its key personnel, with a five-year term and a staggered vesting schedule, at an exercise price of $0.24 per share. This move, approved by shareholders, aims to incentivize and retain the company’s officers, employees, and directors.
For further insights into TSE:SDI stock, check out TipRanks’ Stock Analysis page.