FE Battery Metals (CSE: FE) (OTCQB: FEMFF), a publicly traded Canadian mineral exploration company, has amended its stock option grant. The company previously announced the stock option grant last month. According to the announcement, FE Battery Metals has increased the number of stock options granted to certain directors, officers, employees and consultants; the original announcement noted that 1.5 million stock options would be granted, and that number has been increased to 2 million. According to the announcement, all other previously announced information regarding the stock option grant remains the same, including the exercise price of $0.59 cents per share. The company also announced the closing of the first tranche of its financing for gross proceeds of $700,000. The financing was completed by issuing 573,770 FT shares at a price of $0.61 cents per share and 538,461 FT shares at a price of $0.64 cents per share.
To view the full press release, visit https://ibn.fm/2LbEJ
About FE Battery Metals Corp.
FE Battery Metals is a Canadian mineral exploration company with a primary focus of acquiring mineral properties in the battery metal sector. The company’s goal is to identify, acquire and explore North American mineral prospects with a primary focus on lithium. The company’s strategy is to acquire and advance projects through prospecting and early-stage exploration; source joint venture partners to finance future exploration and project development; and create shareholder value through exploration success. For more information about the company, please visit www.FEBatteryMetals.com.
NOTE TO INVESTORS: The latest news and updates relating to FEMFF are available in the company’s newsroom at https://ibn.fm/FEMFF
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