BluSky Carbon Announces Grant of Stock Options and Restricted Share Units

OLD SAYBROOK, CT AND VANCOUVER, BC / ACCESSWIRE / August 1, 2024 / BluSky Carbon Inc. (CSE:BSKY)(FWB:QE4 /WKN: A401NM) has announced the grant of stock options and restricted share units (RSUs) to certain employees and a director/officer of the Company.

The Company has granted a total of 5,046,000 stock options to certain employees and a director/officer. These options have an exercise price of $0.58 and will expire five years from the date of grant. They are subject to vesting provisions based on the achievement of specific milestones.

Additionally, BluSky Carbon has granted 1,201,538 RSUs to certain employees and a director/officer, which are also subject to vesting provisions.

Both the options and RSUs were granted under the Company's equity incentive plan and are subject to a four-month hold period in accordance with the Canadian Stock Exchange policies.