Business · Companies · 6 hrs ago
Atico Mining grants 5.16 million stock options
Atico Mining granted 5,162,338 incentive stock options to people working with the company.
The options can be used to buy Atico shares at 22.5 cents per share.
They last for five years and went to directors, officers, employees and consultants.
A stock option gives its holder the right to buy shares at a set price, rather than requiring them to do so.
Atico explores and develops copper and gold projects in Latin America, operates the El Roble mine and is developing a project in Ecuador.
The grant still needs approval from the TSX Venture Exchange.
Atico Mining Corporation granted 5,162,338 incentive stock options.
The options are exercisable at $0.225 per share for five years.
They were granted to the company’s directors, officers, employees and consultants.
The grant is subject to approval by the TSX Venture Exchange.
- Who
- Atico Mining Corporation granted the options to its directors, officers, employees and consultants.
- What
- It granted 5,162,338 incentive stock options, exercisable at $0.225 per share for five years.
- When
- October 16, 2026.
- Where
- Vancouver, British Columbia.
- Why
- Not stated.
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- Options granted
- 5,162,338
- Exercise price
- $0.225 per share
- Option term
- Five years
- Approval condition
- TSX Venture Exchange approval