Critical Elements Lithium Corp V.CRE

Alternate Symbol(s): CRECF

Metals & Mining Industrial Metals & Minerals

Critical Elements Lithium Corp is a Canada-based mining exploration company. The Company is engaged in the acquisition, exploration, development and processing of critical minerals mining properties in Canada. Its projects include Rose Lithium-Tantalum, Rose North, Rose South, Arques, Bourier, Dumulon, Duval, Nisk, Lemare, Caumont, and Valiquette. The Rose Lithium-Tantalum property consists of over 473 claims covering a total area of over 246.55 square kilometers (km2). It lies in the northeastern part of Superior Province, within the Eastmain greenstone belt. The Rose North property consists of about 31 claims covering a total area of over 16.14 km2. The Arques Property is composed of one block totaling around 136 claims covering an area of 6,840.93 hectares (ha) over 18 kilometers (kms) in length in a Southwest-Northeast direction. The Bourier Property is comprised of over 304 claims with an area of 15,616.47 ha for over 30 kms. The Rose South property consists of over 280 claims.

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Critical Elements Lithium Corp

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Post by Redpillon Jan 19, 2012 3:37pm

301 Views

Post# 19423499

Stock options (dumb) question

CRE recently gave away 1,350,000 stock options to hire / retain executives. I was doing some quick reading on stock options (I never got one) and it is not clear one thing for me… when / if they decide to exercise, does CRE have to issue new shares or it goes to the market to buy at ask price?

I am particularly curious about the sp effect on this kind of transaction.

sorry about the dumb question...

Thanks in advance

Bullboard Posts

This junior mining stock offers billions in market exposure