1911 Gold Grants Options and Deferred Shares

1911 Gold (TSE:AUMB) has released an update.

1911 Gold Corporation has announced the granting of 200,000 stock options to new director Blair Schultz under its Long-Term Incentive Plan, with an exercise price of $0.11 and a five-year vesting period. Additionally, the company will issue 8,902 deferred share units to three directors as part of their Q2-2024 director fees, which are convertible to shares or cash upon their departure from the board. The company focuses on exploration opportunities and potential mining district development in Manitoba, with respect to local First Nations’ traditional territories.

For further insights into TSE:AUMB stock, check out TipRanks’ Stock Analysis page.