Sarama Resources Grants Stock Options to Team
Company Announcements

Sarama Resources Grants Stock Options to Team

Story Highlights

Sarama Resources (TSE:SWA) has released an update.

Sarama Resources Ltd. has announced the issuance of 9,900,000 stock options to its directors, officers, employees, and consultants as part of the company’s yearly compensation strategy. These options are in line with the shareholder-approved stock option plan and are compliant with the ASX rules, avoiding the 15% equity securities issuance limit. The options, with an above-market exercise price, will vest immediately and be exercisable for three years.

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

Related Articles
TipRanks Canadian Auto-Generated NewsdeskSarama Resources Advances in Cosmo Gold Acquisition
TipRanks Canadian Auto-Generated NewsdeskSarama Resources Secures Funding for Arbitration
TipRanks Canadian Auto-Generated NewsdeskSarama Resources Advances Cosmo Gold Acquisition
Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App