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Magma Silver ( (TSE:MGMA) ) has issued an update.
Magma Silver Corp. has announced the grant of 1,850,000 incentive stock options to its directors, officers, consultants, and employees, exercisable over five years at CAD$0.20 per share. This move is part of the company’s strategy to incentivize its team as it advances the Niñobamba project, potentially enhancing its position in the precious metal mining industry and signaling confidence in its ongoing exploration and development efforts.
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 advanced Niñobamba silver-gold project in Peru, which spans an 8 km mineralized corridor. Magma Silver leverages modern geological modeling and strategic development plans, supported by strong local community relationships and a seasoned regional technical team.
Average Trading Volume: 365,777
Technical Sentiment Signal: Hold
Current Market Cap: C$7.57M
For an in-depth examination of MGMA stock, go to TipRanks’ Overview page.