VANCOUVER, BC, July 26,
2023 /CNW/ - Total Helium Ltd. (TSXV: TOH),
(OTCQB: TTLHF), (FRA: Y02.F) (the "Company") is pleased to
announce the Company has granted 3,980,000 incentive stock options
(the "Options") to certain directors, officers, employees
and consultants of the Company. The Options are exercisable
at a price of $0.50 until
July 26, 2033. One-half of the
Options vest immediately, with a further one-quarter vesting after
six months and the balance vesting after twelve months.
Additionally, the Company has granted 250,000 incentive stock
options to an arms-length consultant providing investor relations
services. These options are exercisable until July 26, 2028 at a price of $0.50, and vest in four equal tranches on a
quarterly basis over a twelve month period.
Incentive stock options granted to directors, officers and
consultants of the Company are subject to restrictions on resale
until November 27, 2023 in accordance
with the policies of the TSX Venture Exchange.
On behalf of the Board,
Robert B. Price, Director and
CEO
Total Helium Ltd. - www.totalhelium.com
Neither the TSX Venture Exchange nor its Regulation Services
Provider (as that term is defined in the policies of the TSX
Venture Exchange) accepts responsibility for the adequacy or
accuracy of this release.
Statements included in this announcement, including
statements concerning our plans, intentions and expectations, which
are not historical in nature are intended to be, and are hereby
identified as, "forward-looking statements". Forward-looking
statements may be identified by words including "anticipates",
"believes", "intends", "estimates", "expects" and similar
expressions. The Company cautions readers that forward-looking
statements, including without limitation those relating to the
Company's future operations and business prospects, are subject to
certain risks and uncertainties that could cause actual results to
differ materially from those indicated in the forward-looking
statements.
SOURCE Total Helium Ltd
