Comet Lithium Announces Grant of Stock Options
COMET LITHIUM ANNOUNCES GRANT OF
STOCK OPTIONS
ROUYN-NORANDA, QC
,
May 9, 2025
/CNW/ - Comet Lithium Corporation (TSXV: CLIC) (FSE:
8QY) (the "
Corporation
") is pleased to announce that its Board of Directors has approved today a
grant of an aggregate of 1,375,000 stock options in respect of an aggregate of 1,375,000 common
shares (the "Options") to its executives officers and director of the Corporation and to one consultant
of the Corporation. Each Option entitles the recipient to purchase one common share of the
Corporation at a price of
$0.19
per share, which is higher to the closing price of the Corporation's
common shares on the TSX Venture Exchange on
Thursday May 8, 2025
. The Options vest
immediately and will expire in seven years. All the forgoing Options are subject to the terms of the
Corporation's Omnibus Equity Incentive Plan and the requirements of the TSX Venture Exchange.
About Comet Lithium Corporation
Comet Lithium is a dynamic
Quebec
-focused exploration company with a robust portfolio of high-
potential assets with exposure to lithium, gold, copper and nickel. Its holdings include the expansive
Troilus East Property, strategically located adjacent to Troilus Gold's multi-million-ounce gold-copper
deposit, which has recently advanced to the feasibility stage and advancing project financing. Comet
also owns the Liberty Property, directly adjoining Winsome Resources' Adina lithium deposit, along
with several other highly prospective properties across the province.
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
the release.
Website:
CometLithium.com
SOURCE
Comet Lithium Corp.
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For further information:
For further information: Comet Lithium Corporation, Vincent Metcalfe,
Chairman and CEO, [email protected], +1.514.249.9960; 147 Québec Avenue (back
door), Rouyn-Noranda, Québec J9X 6M8, Email: [email protected]
CO: Comet Lithium Corp.
CNW 15:30e 09-MAY-25