BTU Metals Corp. Grants 4.85 Million Stock Options

Vancouver, BC / ACCESSWIRE / June 19, 2024 / BTU Metals Corp. ("BTU" or the "Company") (TSXV:BTU);(OTCQB:BTUMF) has announced the granting of 4,850,000 stock options. These options have been allocated to the company's directors, officers, and consultants. They will be exercisable at $0.05 per share for a period of three years from the date of grant. According to the company, this grant is in line with its stock option plan.

BTU Metals Corp. continues to focus on acquiring high-quality exploration projects. Its main assets include the Dixie Halo Project in Red Lake, Ontario, and the recently acquired Echum and Hubcap properties in Wawa's gold district. The company reports a cash balance of approximately $1.5 million and no debt or property obligations.