X-Terra Resources Grant Options

Source Company Press Release
Company Comet Lithium Corp.
Tags Corporate: Overview/Strategy, Country: Canada
Date July 10, 2020

X-Terra Resources Inc. (TSXV: XTT) (FRANKFURT: XTR) ("X-Terra") announces that its Board of Directors granted stock options in respect of an aggregate of 2,200,000 common shares to X-Terra's Directors, Officers and four consultants. The exercise price of the options is $0.15 per share, which is higher than the closing price of X-Terra's common shares on the TSX Venture Exchange on Thursday July 9, 2020. The options vest immediately and will expire in ten years.  The options were granted under X-Terra's Stock Option Plan.

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