Pambili grants 19 million incentive stock options
CALGARY, Canada (July 29, 2022)—Pambili Natural Resources Corporation ("Pambili" or the "Corporation") (TSX-V: PNN) is pleased to announce that it has granted 19 million incentive stock options to certain directors, officers, and consultants pursuant to the terms of Pambili’s 10% rolling stock option plan (the “Plan”).
The Plan, which was approved by the shareholders of the Corporation at the Annual General Meeting held on July 4, 2022, limits the number of common shares which may be issued under the Plan to 10% of the Corporation’s issued and outstanding share capital at the date of grant.