Skip to main content

Stampede Drilling Inc(SDI-X)
TSX Venture

Today's Change
Real-Time Last Update
Volume

STAMPEDE DRILLING INC. ANNOUNCES GRANT OF STOCK OPTIONS

Newswire.ca - Wed Oct 5, 2022

CALGARY, AB, Oct. 5, 2022 /CNW/ - Stampede Drilling Inc. (the "Corporation") (TSXV: SDI) announces that on October 5, 2022, the Board of Directors of the Corporation granted 6,720,000 stock options (the "Options") to purchase common shares of the Corporation ("Shares") to certain directors and officers of the Corporation. Additional Options were also issued to certain employees. The Options carry a five-year term and are subject to vesting as to one quarter on the day of the grant and one quarter on each of the first, second and third anniversaries of the date of the grant at an exercise price of $0.32 per share. The grant of Options is subject to applicable stock exchange and regulatory approvals.

Read more at newswire.ca

Provided Content: Content provided by Newswire.ca. The Globe and Mail was not involved, and material was not reviewed prior to publication.