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Fidelity Minerals Grants 2.95 Million Stock Options to Insiders and Advisors

Story Highlights
  • Fidelity Minerals granted 2.95 million stock options at $0.32, exercisable over five years.
  • The option issuance aligns stakeholders as the company advances Las Huaquillas and eyes growth acquisitions.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Fidelity Minerals Grants 2.95 Million Stock Options to Insiders and Advisors

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Fidelity Minerals Corp ( (TSE:FMN) ) has shared an update.

Fidelity Minerals Corp. has granted 2,950,000 incentive stock options to its directors, officers and consultants under its existing stock option plan, with each option exercisable at $0.32 per share for a period of five years. The move aligns management and key stakeholders with shareholder interests as the company advances its flagship Las Huaquillas project in northern Peru and pursues further growth through potential acquisitions in the copper, gold and silver mining space.

More about Fidelity Minerals Corp

Fidelity Minerals Corp. is a mineral exploration company that has assembled a portfolio of high-quality mining assets targeting large-scale copper and gold deposits, with additional exposure to silver. The company’s primary focus is the Las Huaquillas project in northern Peru, a gold-copper-silver asset it is advancing while seeking opportunistic, accretive acquisitions to expand its portfolio, supported by an experienced management team and long-term-focused investors.

Average Trading Volume: 15,306

Technical Sentiment Signal: Hold

Current Market Cap: C$7.02M

Learn more about FMN stock on TipRanks’ Stock Analysis page.

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