Rupert Resources (TSE:RUP) has released an update.
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Rupert Resources Ltd. has awarded 295,079 performance share units to key officers and employees, with vesting tied to corporate performance goals, alongside 1,081,780 share options with a five-year term and staggered vesting periods. Following these issuances, there are over 600,000 performance share units and nearly 6 million options currently outstanding. The company, which is focused on gold exploration and development in Northern Finland and also holds an interest in a property near the Red Lake mine in Ontario, is committed to high-margin and low-impact projects.
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