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Norseman Capital ( (TSE:FTZ) ) has shared an announcement.
Fitzroy Minerals has announced the grant of 5,900,000 stock options to its directors, officers, and consultants, allowing them to purchase common shares at $0.35 each until July 2030. This move, which is a related party transaction, is exempt from certain regulatory requirements due to the company’s market position and the value of the options relative to its market capitalization.
More about Norseman Capital
Fitzroy Minerals is a company focused on exploring and developing mineral assets with significant potential in the Americas. Their portfolio includes projects like Caballos Copper and Polimet Gold-Copper-Silver in Chile, Taquetren Gold in Argentina, and the Caribou project in Canada. The company’s shares are traded on the TSX Venture Exchange and OTCQB.
Average Trading Volume: 225,086
Technical Sentiment Signal: Buy
Current Market Cap: C$80.3M
Find detailed analytics on FTZ stock on TipRanks’ Stock Analysis page.