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Magma Silver ( (TSE:MGMA) ) has shared an announcement.
Magma Silver Corp. announced the approval of 50,000 incentive stock options for its directors, officers, consultants, and employees as part of its Stock Option Plan. These options, exercisable at $0.27 per share over five years, reflect the company’s commitment to align its team with its strategic goals, potentially enhancing stakeholder value and reinforcing its position in the precious metals exploration industry.
More about Magma Silver
Magma Silver Corp. is a natural resources exploration company focused on acquiring, exploring, developing, and operating precious metal mining projects. The company’s primary focus is on the Niñobamba pure silver-gold project in Peru, which is situated in a prolific geological belt. Magma Silver leverages modern geological modelling and a strategic development plan to advance this project, supported by strong local community relationships and a regional technical team with extensive mining experience.
Average Trading Volume: 371,887
Technical Sentiment Signal: Buy
Current Market Cap: C$18.28M
For an in-depth examination of MGMA stock, go to TipRanks’ Overview page.