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Moon River Capital Ltd. ( (TSE:MOO) ) has provided an update.
Moon River Moly Ltd. has announced the grant of stock options allowing holders to acquire up to 135,000 common shares. This includes options for a director to purchase 100,000 shares and a non-executive employee to acquire 35,000 shares, both at a price of $0.41 per share until May 2, 2035. This move is likely aimed at incentivizing key personnel and aligning their interests with the company’s growth objectives, potentially impacting its operational strategies and stakeholder engagement.
More about Moon River Capital Ltd.
Moon River is a Canadian-based resource company focused on the acquisition, exploration, and development of mineral projects. The company is primarily involved in the development of the Davidson Property, which hosts a significant molybdenum-tungsten deposit near Smithers, British Columbia. Additionally, Moon River holds a 25% stake in the Endako Mine Complex, one of the largest molybdenum mines in North America, also located in British Columbia.
YTD Price Performance: -12.77%
Average Trading Volume: 12,898
Technical Sentiment Signal: Buy
Current Market Cap: C$10.4M
See more data about MOO stock on TipRanks’ Stock Analysis page.