Vancouver, British Columbia--Nevada Organic Phosphate Inc. (CSE: NOP) (OTCQB: NOPFF), a leader in organic sedimentary phosphate exploration based in B.C., has announced the approval of 2,250,000 stock options. These options will be distributed to select officers, directors, and consultants of the Company, allowing them to purchase up to 2,250,000 common shares as per the Company's Stock Option Plan.
Each stock option has vested immediately and can be exercised over a five-year period at an exercise price of $0.13 per share. This strategic move reflects NOP's commitment to enhancing its team and supporting the growth of its operations.
Located in northeast Nevada, NOP is a junior exploration company with a massive organic sedimentary raw rock phosphate bed that stretches 6.6 kilometers, with potential extensions increasing the strike length to over 30 kilometers. This project is recognized as the only large-scale organic sedimentary phosphate initiative in North America, conveniently located near the main highway to Montello/Elko, Nevada, and close to a rail head leading to California.
For inquiries, please contact Robin Dow at 604.355.9986 or via email at robin@dowgroup.ca.
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