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The latest announcement is out from Norseman Capital ( (TSE:FTZ) ).
Fitzroy Minerals has granted 5,300,000 stock options to its directors, officers, and consultants, allowing them to purchase common shares at $0.40 each. This move, which is part of their stock option plan, is exempt from certain regulatory requirements due to the company’s market capitalization and listing status, potentially strengthening stakeholder alignment and incentivizing key personnel.
More about Norseman Capital
Fitzroy Minerals is engaged in exploring and developing mineral assets with significant potential in the Americas. Their portfolio includes the Caballos Copper and Polimet Gold-Copper-Silver projects in Chile, the Taquetren Gold project in Argentina, and the Caribou project in Canada. The company is listed on the TSX Venture Exchange and OTCQB.
Average Trading Volume: 231,580
Technical Sentiment Signal: Buy
Current Market Cap: C$105.8M
Learn more about FTZ stock on TipRanks’ Stock Analysis page.