Gold Port (CSE:GPO / OTCQB:GPOTF) granted incentive stock options to purchase 6,000,000 common shares at an exercise price of $0.10 per share. The options were issued to certain directors, officers and consultants and expire in five years.
This grant was made under the company's stock option plan and follows standard equity‑compensation practice.
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VANCOUVER, BC / ACCESS Newswire / April 21, 2026 / Gold Port Corporation (CSE:GPO)(OTCQB:GPOTF) ("Gold Port" or the "Company") announces that it has granted incentive stock options to purchase a total of 6,000,000 common shares at an exercise price of $0.10 per common share for a period of five years to certain directors, officers and consultants in accordance with the provisions of its stock option plan.
About Gold Port Corporation
Gold Port Resources Corporation (GPO) is focused on the further exploration and development of the 100% owned Groete Gold Copper Project (the "Project"), located in Guyana, South America. The current focus of the Company is to enhance the NI 43-101 inferred gold copper resource defined at the Project to a higher resource classification, and to potentially expand the total mineral inventory. The Project was last explored in 2012, which included a drill program that allowed the calculation of an Inferred Mineral Resource of 1.57 million gold equivalent ounces (gold plus copper) within 74 million tonnes, at a grade of 0.66 grams per tonne gold copper equivalent. A cut-off grade of 0.25 gold equivalent grams per tonne, a gold price of US$1,275 per ounce and copper price of US$3.00 per pound was used in the calculation of the Inferred Mineral Resource. Details of the Mineral Resource are contained in a National Instrument 43-101 report titled, Technical Report and Updated Mineral Resource Estimate on the Groete Gold Copper Deposit, Groete Property, Guyana, South America by P&E Mining Consultants Inc., dated April 16, 2019, available on SEDAR and the Company website at www.goldportcorporation.com.
How many options did Gold Port (GPOTF) grant on April 21, 2026 and who received them?
Gold Port granted 6,000,000 options to directors, officers and consultants. According to the company, the options were issued under its stock option plan and allocated to certain directors, officers and consultants as equity compensation for services.
What is the exercise price and term for the Gold Port (GPOTF) option grant announced April 21, 2026?
The options have an exercise price of $0.10 and a five‑year term. According to the company, each option is exercisable for five years from grant at the stated $0.10 per common share exercise price.
Will the 6,000,000 option grant for Gold Port (GPOTF) cause immediate dilution to shareholders?
The grant does not cause immediate share issuance but could dilute if exercised in the future. According to the company, options convertible into common shares would create dilution only upon exercise at the $0.10 price.
How does a five‑year option term affect Gold Port (GPOTF) shareholders and management incentives?
A five‑year term extends the window for option exercise and aligns incentives longer term. According to the company, the options are intended as standard equity compensation to retain and motivate directors, officers and consultants.
Where can investors find details about Gold Port's (GPOTF) stock option plan and grants?
Investors can review the company's disclosures and regulatory filings for option plan terms and grant details. According to the company, the grant was made in accordance with provisions of its stock option plan.
