Fortune Bay Announces Grant of Stock Options
HALIFAX, NS, Jan. 26, 2024 /CNW/ – Fortune Bay Corp. (TSXV: FOR) (FWB: 5QN) (OTCQB: FTBYF) (“Fortune Bay” or the “Company”) announces that the board of directors of the Company has approved the granting of 1,230,000 incentive stock options (the “Options”) pursuant to the Company’s Stock Option Plan to its directors, officers, contractors and employees. Directors and officers were awarded 1,010,000 of the Options which are exercisable at a price of $0.23 per share, expire on January 25, 2029 and vest over a three-year period.
