Arrow Exploration Corp. (LSE:AXL) has granted 6,198,334 stock options to its directors, officers, and employees under its Stock Option Plan. The incentive program is designed to help the company attract and retain top talent while ensuring that management’s interests remain closely aligned with those of shareholders.
The options carry an exercise price of CAD 0.225 and will vest gradually over a three-year period. By structuring the awards this way, Arrow aims to sustain strong engagement among team members and reinforce its leadership base as it advances its oil development strategy in Colombia.
About Arrow Exploration Corp.
Arrow Exploration is a dual-listed energy company focused on growing oil production in Colombia’s major hydrocarbon regions, including the Llanos, Middle Magdalena Valley, and Putumayo Basin. With significant working interests, Brent-linked light oil pricing, and low royalty rates, the company is positioned to pursue high-margin production opportunities. Arrow’s shares are traded on both the AIM market of the London Stock Exchange and the TSX Venture Exchange.
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