StrategX Grants Stock Options, Settles Debts Worth $425,815 via Share Issuance
StrategX, a Canadian exploration company specialising in energy transition metals, has granted stock options and settled debts on the stock market. The company, focused on the Nagvaak project, has offered options to purchase up to 3,400,000 shares on the stock market and settled debts worth $425,815 through share issuance on the stock market.
StrategX granted incentive stock options to certain directors, officers, and consultants. These options allow the purchase of up to 3,400,000 common shares on the stock market at $0.21 per share, exercisable over 10 years.
The company's debt settlement transactions involved related party transactions on the stock market. A total of 1,269,805 shares were issued to settle $228,565 debt on the stock market, with another 2,365,638 shares issued to settle the remaining $425,815 on the stock market. These shares were issued at a deemed price of $0.18 per share on the stock market.
StrategX controls a significant land package of over 79,781 hectares in the underexplored Melville Peninsula in Nunavut. This presents a unique opportunity for investors in the critical minerals supply chain on the stock market.
StrategX's recent transactions include granting stock options and settling debts through share issuance on the stock market. The company expects to rely on exemptions from MI 61-101 for these related party transactions on the stock market. With a substantial land package in Nunavut, StrategX continues to offer promising prospects in the energy transition metals sector on the stock market.
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