Incentive Options
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Sparton Announces New Stock Options Repricing
Globenewswire· 2025-12-22 16:02
Core Viewpoint - Sparton Resources Inc. has announced the repricing of incentive options granted to Directors, Officers, and Consultants, effective December 12, 2025, with a new exercise price set at $0.05 per share for a period of three years [2]. Group 1: Incentive Options Repricing - The company has issued 4,200,000 incentive options that are vested immediately and allow the purchase of common shares at the new price of $0.05 per share until December 12, 2028 [2]. - The previous options have been cancelled as part of this repricing initiative [2]. Group 2: Project Update - Drilling activities are currently ongoing at the Quebec Pense Project claims, with new data from an Expert Geophysics Target EM survey expected to be available soon [3]. - Results from the drilling and survey will be reported when they become available [3].