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Sendero Resources Corp. ( (TSE:SEND) ) has provided an update.
Sendero Resources Corp. announced the granting of stock options to its directors, officers, employees, and consultants, allowing for the purchase of up to 1,295,000 common shares at an exercise price of $0.40, expiring in 2030. This move, pending TSX Venture Exchange approval, aims to incentivize its team as the company continues its exploration efforts in Argentina’s Vicuña Belt, potentially impacting its operational capabilities and market position.
More about Sendero Resources Corp.
Sendero Resources Corp. is engaged in copper-gold exploration, primarily focused on its Peñas Negras Project located in the Vicuña Belt in Argentina. The company owns ten mining concessions in La Rioja, Argentina, and holds an option to acquire an 80% interest in additional adjacent concessions.
YTD Price Performance: -9.41%
Average Trading Volume: 20,702
Technical Sentiment Consensus Rating: Hold
Current Market Cap: C$7.08M
Learn more about SEND stock on TipRanks’ Stock Analysis page.
