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Omai Gold Mines ( (TSE:OMG) ) has issued an update.
Omai Gold Mines Corp. has granted incentive stock options to key individuals within the company, allowing them to purchase up to 11,300,000 common shares. This move is part of their strategy to align the interests of their team with the company’s growth objectives. The stock options have a five-year term with a staggered vesting schedule, reflecting the company’s commitment to long-term development and stakeholder engagement.
More about Omai Gold Mines
Omai Gold Mines Corp. is a mining company with a 100% interest in the Omai Prospecting License and Eastern Flats Mining Permits in Guyana. The company focuses on gold production, with a notable past production of over 3.7 million ounces of gold from the Omai Gold Mine between 1993 and 2005. Omai Gold is working on expanding its operations with a Preliminary Economic Assessment indicating potential for significant gold production.
YTD Price Performance: 34.69%
Average Trading Volume: 1,059,898
Technical Sentiment Consensus Rating: Sell
Current Market Cap: C$194M
For detailed information about OMG stock, go to TipRanks’ Stock Analysis page.