Business
Thermal Energy International Announces Grant of Stock Options
Ottawa, Ontario--(Newsfile Corp. - November 30, 2025) - Thermal Energy International Inc. (TSXV: TMG) (OTCQB: TMGEF) ("Thermal Energy" or the "Company"), a global provider of energy efficiency and emissions reduction solutions, has announced that it granted 3,334,000 options to purchase common shares of the Company to officers and directors of the Company on November 30, 2025 as part of an overall remuneration and incentive program.The stock options were granted pursuant to the terms of the...
About this update from Thermal Energy International Inc.
[{"type":"text","content":"Ottawa, Ontario--(Newsfile Corp. - November 30, 2025) - Thermal Energy International Inc. (TSXV: TMG) (OTCQB: TMGEF) ("Thermal Energy" or the "Company"), a global provider of energy efficiency and emissions reduction solutions, has announced that it granted 3,334,000 options to purchase common shares of the Company to officers and directors of the Company on November 30, 2025 as part of an overall remuneration and incentive program.","length":456,"tagName":"p"},{"type":"text","content":"The stock options were granted pursuant to the terms of the Company's stock option plan, have a 5-year term and are exercisable at $0.125. Of the total 3,334,000 options granted, 1,334,000 options will vest in three equal annual installments on each of the first three anniversaries of the grant date, and 2,000,000 options will vest in four equal annual installments on each of the first four anniversaries of the grant date. Stock option grants are subject to necessary regulatory approvals.","length":497,"tagName":"p"},{"type":"text","content":"Readers are encouraged to subscribe to TEI News to receive strategic news and updates directly to their inbox.","length":110,"tagName":"p"},{"type":"text","content":"ENDS","length":4,"tagName":"p","attribs":{}},{"type":"table","headerItems":[],"items":[{"val":[{"style":"width:50%;vertical-align:top;","val":[{"type":"text","content":"For media enquiries, contact:Thermal Energy International Inc.Canada: 613-723-6776UK: +44 (0)117 917 [email protected]","length":136,"tagName":"p","attribs":{}}]},{"style":"width:50%;vertical-align:top;","val":[{"type":"text","content":"For investor enquiries:William CrosslandPresident and CEOThermal Energy International [email protected]","length":134,"tagName":"p","attribs":{}}]}]}],"length":270},{"type":"text","content":" ","length":6,"tagName":"p"},{"type":"text","content":"Notes to editors","length":16,"tagName":"p","attribs":{}},{"type":"text","content":"About Thermal Energy International Inc.","length":39,"tagName":"p"},{"type":"text","content":"Thermal Energy International Inc. provides energy efficiency and emissions reduction solutions to Fortune 500 and other large multinational companies. We save our customers money by reducing their fuel use and cutting their carbon emissions. Thermal Energy's p...