Maritime Resources Grants New Stock Options

Maritime Resources (TSE:MAE) has released an update.

Maritime Resources Corp. has issued 5,450,000 stock options to its staff and executives as part of its annual compensation strategy, in line with its shareholder-approved Stock Option Plan. These options, representing 3.5% of its outstanding common shares, have a five-year exercise period and a set price of $0.06. The company is actively developing the Hammerdown Gold Project and holds significant exploration land within Newfoundland and Labrador, along with mineral processing assets and another project in Québec.

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