Edison Battery Metals Grants Stock Options
Vancouver, British Columbia–(Newsfile Corp. – November 10, 2021) – Edison Battery Metals (TSXV: EDDY) (OTCQB: EDDYF) (FSE: VV0) (“Edison” or the “Company“) announces that it has granted stock options to acquire an aggregate of 3,900,000 common shares in the capital of the Company at an exercise price of $0.18 (the “Options“) in accordance with its 10% rolling stock option plan.
A total of 2,000,000 Options were granted to certain directors and officers of the Company. All Options are fully-vested and exercisable for a five-year term expiring November 10, 2026. Any Options exercised prior to March 11, 2022, will bear a resale restriction expiring on such date.
About Edison Battery Metals Corp.
Edison Battery Metals Corp. is a Canadian-based junior mining exploration company focused on the procurement, exploration and development of cobalt, lithium and other energy metal properties. The Company’s acquisition strategy is based on acquiring affordable, cost-effective and highly regarded mineral properties in areas with proven geological potential. Edison is building a portfolio of quality assets capable of supplying critical materials to the battery industry and intends to capitalize on and have its shareholders benefit from the renewed interest in the battery metals space.
On behalf of the Board of Directors:
Chief Executive Officer, Director
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Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
Forward-Looking Disclaimer: This news release contains certain forward-looking statements. Statements that are not historical facts, including statements about Edison’s beliefs and expectations, are forward-looking statements. Forward-looking statements involve inherent risks and uncertainties and a number of factors could cause actual results to differ materially from those contained in any forward-looking statement. In some cases, forward-looking statements can be identified by words or phrases such as “may,” “will,” “expect,” “anticipate,” “target,” “aim,” “estimate,” “intend,” “plan,” “believe,” “potential,” “continue,” “is/are likely to” or other similar expressions. All information provided in this news release is as of the date of this news, and the Company undertakes no duty to update such information, except as required under applicable law.
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