Florida Canyon Gold, Inc. (TSE:FCGV) has released an update.
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Florida Canyon Gold Inc. has issued Deferred Share Units and Restricted Share Units to its employees, officers, directors, and consultants as part of its long-term incentive plan. These units will vest after one year and can be converted to common shares or cash, with the vesting potentially accelerating if a company change of control occurs. Meanwhile, the company has entered a binding agreement to sell several of its mining interests in Mexico to Heliostar Metals Ltd.
For further insights into TSE:FCGV stock, check out TipRanks’ Stock Analysis page.