Tincorp Metals Rolls Out New Stock Option Plan

Tincorp Metals (TSE:TIN) has released an update.

Tincorp Metals Inc. has announced the approval of its Omnibus Equity Incentive Plan by the TSX Venture Exchange and the consequent grant of 2,440,000 stock options to its personnel, exercisable at $0.25 per share over five years. The plan replaces the previous stock option plan, allowing for grants up to 10% of Tincorp’s total shares, with options vesting over three years. These developments follow Tincorp’s focus on mineral exploration in Bolivia and a gold project in Canada.

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