LNG Energy Group (TSX.V: LNGE) (TSX.V: LNGE.WT) (OTCQB: LNGNF) (FRA: 6MH), a company focused on the acquisition and development of natural-gas production and exploration assets in Latin America, has filed the consolidated annual financial statements and management discussion and analysis for Mind Cure Health Inc., its predecessor entity; the financial statements were filed for the fiscal year ended May 31, 2023. As part of the announcement, the company also noted that CFO Angel Roa and COO Nicolas Ziperovich have agreed to settle management and consulting fees owed to them in common capital shares of the company. Specifically, Roa will receive 269,280 common shares, and Ziperovich will receive 157,080 common shares; the shares were offered at a deemed price of $0.50 per share. In addition, the company has granted certain directors, officers and employee incentive stock options to purchase 12,446,484 common shares; the options were granted according to the company’s equity incentive plan. The announcement noted that the options are exercisable at a price of $0.37 per common share, with an expiration date of Sept. 28, 2028, five years from the issuance date. LGN also issued 13,300,000 deferred share units (“DSUs”) to certain company directors, officers and employees; the DSUs were also issued on Sept. 28, 2023, according to the company’s equity incentive plan.
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About LNG Energy Group
LNG Energy Group is focused on the acquisition and development of natural gas production and exploration assets in Latin America. For more information about the company, please visit www.LNGEnergyGroup.com
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