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Endurance Announces Grant of Stock Options

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Endurance Gold (TSXV: EDG) has announced the grant of 3,900,000 incentive stock options to directors, officers, and consultants. The options are exercisable at $0.20 per share for a five-year period, subject to TSX Venture Exchange policies. With this grant, the company now has a total of 10,350,000 options outstanding, representing approximately 5.99% of its issued and outstanding common shares. This move aligns with Endurance Gold's rolling stock option plan, potentially incentivizing key personnel and consultants.

Endurance Gold (TSXV: EDG) ha annunciato l'assegnazione di 3.900.000 opzioni su azioni incentivanti a direttori, dirigenti e consulenti. Le opzioni possono essere esercitate a $0,20 per azione per un periodo di cinque anni, in conformità con le politiche della TSX Venture Exchange. Con questa assegnazione, l'azienda ha ora un totale di 10.350.000 opzioni in circolazione, che rappresentano circa 5,99% delle sue azioni ordinarie emesse e in circolazione. Questa mossa è in linea con il piano di opzioni su azioni in corso di Endurance Gold, potenzialmente incentivando il personale chiave e i consulenti.

Endurance Gold (TSXV: EDG) ha anunciado la concesión de 3.900.000 opciones de acciones incentivadas a directores, funcionarios y consultores. Las opciones son ejercitables a $0,20 por acción por un período de cinco años, sujeto a las políticas de la TSX Venture Exchange. Con esta concesión, la empresa ahora tiene un total de 10.350.000 opciones en circulación, que representan aproximadamente el 5,99% de sus acciones comunes emitidas y en circulación. Este movimiento está en línea con el plan de opciones sobre acciones en curso de Endurance Gold, incentivando potencialmente al personal clave y a los consultores.

엔듀런스 골드 (TSXV: EDG)는 이사, 임원 및 컨설턴트에게 3,900,000 개의 인센티브 주식 옵션을 부여한다고 발표했습니다. 옵션은 주당 $0.205년 동안 행사할 수 있으며, TSX 벤처 거래소의 정책에 따릅니다. 이번 옵션 부여로 회사는 현재 10,350,000 개의 옵션이 남아있다는 것을 밝혔으며, 이는 발행 및 유통 중인 일반주식의 약 5.99%에 해당합니다. 이 조치는 엔듀런스 골드의 지속적인 주식 옵션 계획과 일치하며, 주요 인력 및 컨설턴트를 잠재적으로 유인할 수 있습니다.

Endurance Gold (TSXV: EDG) a annoncé l'attribution de 3.900.000 options d'actions incitatives à des directeurs, dirigeants et consultants. Les options peuvent être exercées à 0,20 $ par action pour une durée de cinq ans, sous réserve des politiques de la TSX Venture Exchange. Avec cette attribution, l'entreprise a désormais un total de 10.350.000 options en circulation, représentant environ 5,99 % de ses actions ordinaires émises et en circulation. Ce mouvement s'inscrit dans le cadre du plan d'options d'actions en cours d'Endurance Gold, pouvant inciter le personnel clé et les consultants.

Endurance Gold (TSXV: EDG) hat die Gewährung von 3.900.000 Anreiz-Aktienoptionen an Direktoren, Führungskräfte und Berater bekannt gegeben. Die Optionen sind zum Preis von $0,20 pro Aktie für einen Fünf-Jahres-Zeitraum ausübbar, vorbehaltlich der Richtlinien der TSX Venture Exchange. Mit dieser Gewährung hat das Unternehmen nun insgesamt 10.350.000 Optionen im Umlauf, was ungefähr 5,99% seiner ausgegebenen und im Umlauf befindlichen Stammaktien entspricht. Dieser Schritt steht im Einklang mit dem rollierenden Aktienoptionsplan von Endurance Gold, der potenziell Schlüsselpersonal und Berater motivieren könnte.

Positive
  • Granting of stock options may help align interests of directors, officers, and consultants with shareholders
  • The total options outstanding represent only 5.99% of issued shares, indicating moderate dilution
Negative
  • Potential dilution of existing shareholders' equity if all options are exercised
  • Exercise price of $0.20 per share may be below or above current market price, affecting the options' value

Vancouver, British Columbia--(Newsfile Corp. - August 19, 2024) - Endurance Gold Corporation (TSXV: EDG) (the "Company") announces that it has granted an aggregate of 3,900,000 incentive stock options of the Company to directors, officers and consultants of the Company in accordance with the Company's rolling stock option plan. Following this option grant, the Company has a total of 10,350,000 options outstanding, representing about 5.99% of the issued and outstanding common shares of the Company. The options are exercisable at $0.20 per share for a period of five years from the date of grant and are subject to the policies of the TSX Venture Exchange.

ENDURANCE GOLD CORPORATION

Robert T. Boyd, President & CEO

FOR FURTHER INFORMATION, PLEASE CONTACT
Endurance Gold Corporation www.endurancegold.com
Toll Free: (877) 624 2237, info@endurancegold.com

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this news release.

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/220508

FAQ

How many stock options did Endurance Gold (TSXV: EDG) grant in August 2024?

Endurance Gold (TSXV: EDG) granted 3,900,000 incentive stock options in August 2024.

What is the exercise price and duration of the stock options granted by Endurance Gold (TSXV: EDG)?

The stock options granted by Endurance Gold are exercisable at $0.20 per share for a period of five years from the date of grant.

What percentage of Endurance Gold's (TSXV: EDG) outstanding shares do the total options represent?

After the recent grant, Endurance Gold's total outstanding options represent approximately 5.99% of the company's issued and outstanding common shares.

Who received the stock options granted by Endurance Gold (TSXV: EDG) in August 2024?

The stock options were granted to directors, officers, and consultants of Endurance Gold

ENDURANCE GOLD CORP

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20.74M
67.44M
60.33%
Gold
Basic Materials
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United States of America
Vancouver