PIEDMONT, QC, Nov. 19, 2020 /CNW Telbec/ - Typhoon
Exploration Inc. (TSX-V:
TYP) ("Typhoon" or "the Company") announces the grant
of 3,500,000 stock options Typhoon Exploration to
directors, officers, employees, and consultants. These stock
options are granted in accordance with the terms of the stock
option plan of the Corporation.
Each option entitles the holder thereof to purchase one (1)
common share of the Corporation at a price of $0.06 per common share for a period of ten (10)
years from November 19, 2020.
Typhoon currently has 60,992,700 issued shares, and
the total number of options granted is under 10 % of all
outstanding shares.
Typhoon's common shares are listed on the TSX Venture
Exchange under the symbol "TYP."
The TSX Venture Exchange and its regulatory
service provider (as defined by the TSX-V Venture Exchange rules)
cannot be held responsible for the accuracy or veracity of this
press release.
SOURCE Typhoon Exploration Inc.