Thermal Energy International Announces Grant of Stock Options
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Thermal Energy International Inc. has granted 1,392,000 stock options to its officers and directors as part of a remuneration and incentive program. These options have a 5-year term and are exercisable at $0.20.
December 02, 2024 | 12:15 pm
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NEUTRAL IMPACT
Thermal Energy International has issued 1,392,000 stock options to its officers and directors, which may influence stockholder perception and stock price.
The issuance of stock options is a common practice to incentivize management and align their interests with shareholders. While it may not have an immediate impact on the stock price, it could influence investor sentiment positively or negatively depending on their view of management's performance and the potential dilution effect.
CONFIDENCE 90
IMPORTANCE 60
RELEVANCE 80