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GPM Metals Inc. Announces Grant of Options

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GPM Metals Inc. (TSXV: GPM) has announced the grant of 6,100,000 stock options to its directors, officers, and consultants. The options are exercisable at $0.10 per share with an expiration date of December 9, 2027. The vesting schedule is structured as 25% immediate vesting, followed by additional 25% portions vesting after 6, 12, and 18 months from the grant date. The option grant remains subject to TSX Venture Exchange approval and requirements.

GPM Metals Inc. (TSXV: GPM) ha annunciato la concessione di 6.100.000 opzioni su azioni ai suoi direttori, funzionari e consulenti. Le opzioni sono esercitabili a $0,10 per azione con una data di scadenza fissata per il 9 dicembre 2027. Il piano di maturazione è strutturato in modo che il 25% delle opzioni maturi immediatamente, seguito da ulteriori tranches del 25% che maturano dopo 6, 12 e 18 mesi dalla data di concessione. La concessione delle opzioni è soggetta all'approvazione e ai requisiti della Borsa di Toronto Venture.

GPM Metals Inc. (TSXV: GPM) ha anunciado la otorgación de 6,100,000 opciones sobre acciones a sus directores, funcionarios y consultores. Las opciones son ejercitables a $0.10 por acción con una fecha de vencimiento del 9 de diciembre de 2027. El programa de adquisición está estructurado de manera que el 25% se consolide de inmediato, seguido de tramos adicionales del 25% que se consolidan después de 6, 12 y 18 meses a partir de la fecha de otorgamiento. La concesión de opciones está sujeta a la aprobación y requisitos de la Bolsa de Valores de Toronto Venture.

GPM Metals Inc. (TSXV: GPM)은 이사, 임원 및 컨설턴트에게 6,100,000주식 옵션의 부여를 발표했습니다. 이 옵션은 주당 $0.10에 행사할 수 있으며, 만료일은 2027년 12월 9일입니다. 매각 일정은 25%가 즉시 부여된 후, 6개월, 12개월 및 18개월 후에 추가로 25%씩 부여되는 구조입니다. 옵션 부여는 TSX 벤처 거래소의 승인 및 요건에 따라야 합니다.

GPM Metals Inc. (TSXV: GPM) a annoncé l'octroi de 6.100.000 options d'achat d'actions à ses administrateurs, dirigeants et consultants. Les options peuvent être exercées à 0,10 $ par action avec une date d'expiration fixée au 9 décembre 2027. Le calendrier d'acquisition est structuré de manière à ce que 25 % soient acquis immédiatement, suivis de 25 % supplémentaires acquis après 6, 12 et 18 mois à partir de la date d'octroi. L'octroi d'options est soumis à l'approbation et aux exigences de la Bourse de Toronto Venture.

Die GPM Metals Inc. (TSXV: GPM) hat die Gewährung von 6.100.000 Aktienoptionen an ihre Direktoren, Führungskräfte und Berater bekannt gegeben. Die Optionen können zu einem Preis von $0,10 pro Aktie ausgeübt werden, wobei das Ablaufdatum auf den 9. Dezember 2027 festgelegt ist. Der Vesting-Plan sieht vor, dass 25% sofort und danach weitere 25% nach 6, 12 und 18 Monaten ab Datum der Gewährung vesten. Die Gewährung der Optionen steht unter dem Vorbehalt der Genehmigung und der Anforderungen der TSX Venture Exchange.

Positive
  • Grant of 6.1 million options provides incentive alignment between management and shareholders
Negative
  • Potential dilution of shareholder value if options are exercised
  • Exercise price of $0.10 represents a significant portion of company's market value

Toronto, Ontario--(Newsfile Corp. - December 9, 2024) - GPM Metals Inc. (TSXV: GPM) ("GPM" or the "Company") announces that it has granted effective December 9, 2024, an aggregate of 6,100,000 options to directors, officers and consultants of the Company, with such options being exercisable at a price of $0.10 per share until December 9, 2027.

The options vest as to 25% immediately and 25% after 6, 12 and 18 months respectively from the date of grant.

The grant of options is subject to the approval and requirements of the TSX Venture Exchange.

For further information contact:

John Tait
CEO and Director
416-628-5904

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 and / or accuracy of this release.

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/233028

FAQ

How many stock options did GPM Metals (TSXV: GPM) grant on December 9, 2024?

GPM Metals granted 6,100,000 stock options to its directors, officers, and consultants.

What is the exercise price and expiration date for GPM Metals' December 2024 stock options?

The options have an exercise price of $0.10 per share and expire on December 9, 2027.

What is the vesting schedule for GPM Metals' December 2024 stock options?

The options vest 25% immediately, with additional 25% vesting after 6, 12, and 18 months from the grant date.

GPM METALS INC

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