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West Red Lake Gold Grants Equity Incentive Awards
Globenewswire· 2026-02-06 02:16
Core Viewpoint - West Red Lake Gold Mines Ltd. has announced the grant of stock options, restricted share units (RSUs), and deferred share units (DSUs) as part of its compensation plans for officers and directors [1][3]. Group 1: Stock Options - Officers of the Company were granted a total of 4,839,269 stock options, which will vest over a three-year period with 25% vesting in three months from the grant date and the remaining 75% vesting on the first, second, and third anniversaries of the grant date [2]. - The stock options have an exercise price of $1.10 and are exercisable for a five-year period from the date of grant [2]. Group 2: Restricted Share Units (RSUs) and Deferred Share Units (DSUs) - A total of 2,845,503 RSUs were granted to officers, which will vest over three years in three equal tranches on the first, second, and third anniversaries of the grant date [3]. - Additionally, 594,594 DSUs were granted to non-executive directors, which will vest on the first anniversary of the grant date [3]. Group 3: Company Overview - West Red Lake Gold Mines Ltd. is focused on advancing and developing its flagship Madsen Gold Mine and holds a highly prospective land package of 47 km in the Red Lake district of Ontario, known for its rich gold deposits [5]. - The Red Lake Gold District has produced over 30 million ounces of gold from high-grade zones and includes the wholly owned Rowan Property, which covers 31 km and includes three past-producing gold mines [5].
Newcore Gold Announces Annual Grant of Equity Incentive Awards
Globenewswire· 2025-08-29 21:00
Group 1 - Newcore Gold Ltd. has granted a total of 2,815,000 stock options, 1,880,000 restricted share units, and 525,000 performance share units as part of its annual equity incentive awards [1] - The stock options were granted at a price of $0.64 per share and are valid for a period of five years, subject to regulatory approval and vesting provisions [1] - Newcore Gold is advancing its Enchi Gold Project located in Ghana, which is Africa's largest gold producer, covering a 248 km land package along the Bibiani Shear Zone [2] Group 2 - The leadership of Newcore Gold is aligned with shareholders through a 15% equity ownership, indicating a strong commitment to maximizing shareholder returns [2] - The Enchi Gold Project is strategically located near several multi-million-ounce gold deposits, including the Chirano mine, which is 50 kilometers to the north [2]
2025 Incentive Awards
Globenewswire· 2025-06-30 10:30
Group 1 - Sintana Energy Inc. has approved grants of a total of 4.3 million equity incentive awards, which include 100,000 common stock options and 4.2 million restricted share units for several directors and officers [1] - The stock options have an exercise price of CA $0.73, vest in three equal tranches over the next 24 months, and will expire on June 27, 2035 [1] Group 2 - Sintana Energy is engaged in petroleum and natural gas exploration and development activities across six large, highly prospective onshore and offshore petroleum exploration licenses in Namibia, an onshore joint venture in Angola, and a project in Colombia's Magdalena Basin [2]