(AIM Ticker: LND.L)
- A Cash Payment of CAN$250,000 and a Convertible Cash Payment of CAN$500,000 on or before
24 November 2023 ; and - A Cash Payment of CAN$500,000 and a Convertible Cash Payment of CAN$750,000 on or before
24 May 2024 .
Storm has exclusive discretion to determine if each tranche of the Convertible Cash Payments is settled in cash or in new common shares in the capital of Storm with the number of common shares to be determined by way of the 30-day volume weighted average price prior to the date of election.
All of the other details of the option agreement remain unaltered.
The information contained within this announcement is deemed by the Company to constitute inside information as stipulated under the Market Abuse Regulation (EU) No. 596/2014 as it forms part of
SOURCE
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