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An announcement from Affinity Metals ( (TSE:AFF) ) is now available.
Affinity Metals Corp. has granted 1.2 million incentive stock options to directors, officers and consultants, exercisable over 10 years at $0.05 per share, subject to a hold period ending May 16, 2026, in line with Canadian Securities Exchange rules. The grants notably increase the potential equity stakes of CEO Robert Edwards and CFO Darren Blaney, who, on a partially diluted basis assuming exercise of their warrants and options, could control approximately 22% and 13% of the company’s shares respectively, underscoring a heightened alignment of management with shareholder interests and signalling confidence in the company’s long-term prospects.
More about Affinity Metals
Affinity Metals Corp. is a North America-focused exploration company dedicated to acquiring, exploring and developing strategic metal deposits. Its flagship asset is the 100%-owned Regal high-grade silver property near Revelstoke, British Columbia, positioning the company within the precious and strategic metals segment of the mining sector.
YTD Price Performance: 12.50%
Average Trading Volume: 32,690
Technical Sentiment Signal: Buy
Current Market Cap: C$2.96M
For an in-depth examination of AFF stock, go to TipRanks’ Overview page.