Sierra Geothermal Power issuing incentive stock options
Canadian Sierra Geothermal Power announced having issued incentive stock options to its employees and officers.
In a company announcement, Canadian Sierra Geothermal Power (TSX-V:SRA) said “it has issued incentive stock options to its employees and officers.
Sierra said that “on March 12, 2009, (it) granted 941,000 incentive stock options to its officers and employees. The stock options are exercisable at Can$0.11 per share at any time up until the expiration of their term on March 12, 2019. The stock options were granted pursuant to the company’s revised Stock Option Plan and are subject to Exchange and Shareholder approval.”
Source: Company announcement via marketwire