Sintana Energy Inc. Announces Grant of Restricted Share Units and Issuance of Shares

Sintana Energy Inc. Announces Grant of Restricted Share Units and Issuance of Shares

By ADMIN
Related Stocks:SEUSF
Sintana Energy Inc. (TSXV: SEI, AIM: SEI, OTCQX: SEUSF) today announced that its Board of Directors has approved the grant of **7,250,000 restricted share units (RSUs)** to selected directors and service providers as part of its ongoing incentive plans. In addition to the RSU grants, the company received a notice to **exercise stock options covering 400,000 common shares**, and it will issue **2,600,000 common shares** upon conversion of certain RSUs. Key managerial figures involved in these transactions include Non‑Executive Chairman Keith Spickelmier and Non‑Executive Director Douglas Manner, who converted RSUs and, in the case of Spickelmier, exercised stock options, increasing their respective holdings in the company. Sintana has applied for the admission to trading on the AIM market of 3,000,000 new common shares, with trading expected to begin on January 7, 2025. Once admitted, these new shares will rank equally with existing common shares, and the company’s total issued share capital will be 513,356,240 common shares, each carrying one vote. Sintana is a Canada‑based energy company focused on the acquisition, exploration, development, and potential monetization of high‑impact hydrocarbon assets across frontier geographies, including interests in Namibia, Uruguay, and other international licenses. #SintanaEnergy #RSUGrant #AIMListing #EnergySector #SlimScan #GrowthStocks #CANSLIM

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Sintana Energy Inc. Announces Grant of Restricted Share Units and Issuance of Shares | SlimScan