The options have a four-year term from issuance date, with 50% of the total being exercisable at a price of 43 cents per share and the other 50% of the total being exercisable at 54 cents per share. The options will vest over a four-month period from the issuance date.
The new licences bring Impact’s total ground holdings in the Lachlan Fold Belt to 1,000 square kilometres.
American Lithium holds a commanding land position at Fish Lake in Nevada
So, now we know how StratMin will finance its investment commitments to the 12,000 tpa large-flake graphite project in Madagascar