Core Points - Viva Gold Corp has granted a total of 3,250,000 stock options to directors, officers, and consultants, with an exercise price of C$0.12 per share and a three-year expiration period [1] - The vesting schedule includes 50% of the options vesting immediately, and the remaining options vesting 25% at the one-year and two-year anniversaries [1] - The company holds 100% of the Tonopah gold project, which has a measured and indicated mineral gold resource of 394,000 ounces at 0.78 grams/tonne, and an inferred resource of 206,000 ounces at 0.87 grams/tonne [2] - Additional drilling of almost 4,000 meters is planned for 2022, with positive results expected to enhance the resource base [2] - The Tonopah project benefits from excellent infrastructure, including paved road access, nearby water, and grid electric power [2] - Viva Gold is focused on advancing its environmental, social, and technical baseline studies to support future permitting requirements for the Tonopah project [2] - The company trades on the TSX Venture exchange under the symbol "VAU" and has 123.2 million shares outstanding [3]
Viva Gold Announces Stock Option Grant
Thenewswire·2025-09-03 00:00