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An update from Silver Mountain Resources, Inc. Class A ( (TSE:AGMR) ) is now available.
Silver Mountain Resources Inc. has announced the approval of a grant of 7,300,000 stock options to its directors, officers, and employees under its omnibus equity incentive plan. These options, exercisable at $0.06 per share for four years, will vest after a year or upon the Reliquias Mine reaching a commercial operation rate of 400 tonnes per day. This move is likely to incentivize key personnel and align their interests with the company’s operational goals, potentially impacting its operational efficiency and market positioning.
More about Silver Mountain Resources, Inc. Class A
Silver Mountain Resources Inc. operates in the mining industry, focusing on the exploration and development of mineral properties. The company is primarily engaged in the production and sale of silver and other precious metals, with a market focus on expanding its mining operations.
Average Trading Volume: 411,417
Technical Sentiment Consensus Rating: Buy
Current Market Cap: C$16.64M
Find detailed analytics on AGMR stock on TipRanks’ Stock Analysis page.