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Metalsource Mining Grants 3 Million Stock Options to Insiders and Consultants

Story Highlights
  • Metalsource Mining granted 3,000,000 stock options at $0.63 exercisable over five years.
  • The option grant aligns key stakeholders with long-term exploration goals at the Aruba Property.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Metalsource Mining Grants 3 Million Stock Options to Insiders and Consultants

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Silverfish Resources, Inc. ( (TSE:MSM) ) has provided an update.

Metalsource Mining Inc. has granted 3,000,000 incentive stock options to its employees, officers, directors and consultants, exercisable at $0.63 per share for five years and subject to a four-month-and-one-day hold period under the company’s stock option plan. The option grant underscores the company’s use of equity-based compensation to align insiders and key partners with long-term shareholder interests as it advances exploration and development activities at its mineral properties, particularly the Aruba Property in Botswana.

More about Silverfish Resources, Inc.

Metalsource Mining Inc. is a mineral exploration and development company focused on acquiring, exploring and developing precious and base metal properties. Its primary exploration focus is the Aruba Property in the Kalahari Desert region of Botswana, a 4,663-square-kilometre land package prospective for platinum group metals, gold, silver and manganese mineralization.

Average Trading Volume: 123,997

Technical Sentiment Signal: Buy

Current Market Cap: C$37.12M

For a thorough assessment of MSM stock, go to TipRanks’ Stock Analysis page.

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