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The latest announcement is out from Norseman Capital ( (TSE:FTZ) ).
Fitzroy Minerals has announced the grant of 3,550,000 stock options to certain directors, officers, and consultants as part of their stock option plan, with each option exercisable at $0.25 per share until 2030. This move is part of a related party transaction but is exempt from formal valuation and minority shareholder approval due to specific exemptions. Additionally, the company has appointed Ms. Queenie Kuang as the new Chief Financial Officer and Corporate Secretary following the resignation of Herrick Lau. Ms. Kuang brings extensive experience in financial statement preparation and public company reporting, which is expected to strengthen Fitzroy’s financial management and corporate governance.
More about Norseman Capital
Fitzroy Minerals is a company focused on exploring and developing mineral assets with significant potential in the Americas. Their property portfolio includes the Caballos Copper and Polimet Gold-Copper-Silver projects in Valparaiso, Chile, the Taquetren Gold project in Rio Negro, Argentina, and the Cariboo project in British Columbia, Canada. Fitzroy Minerals is listed on the TSX Venture Exchange under the symbol FTZ and on the OTCQB under the symbol FTZFF.
YTD Price Performance: 30.56%
Average Trading Volume: 375,754
Technical Sentiment Signal: Strong Sell
Current Market Cap: C$27.49M
See more insights into FTZ stock on TipRanks’ Stock Analysis page.