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GoviEx Annual Stock Option Grants

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GoviEx Uranium Inc. (TSXV: GXU) (OTCQX: GVXXF) has announced the granting of annual incentive stock options to select directors, officers, employees, and a consultant. The options allow for the purchase of up to 17,380,000 Class A common shares in GoviEx's capital stock. These options are exercisable at $0.05 per share, with a vesting schedule of 25% on the grant date and 25% on each subsequent anniversary until fully vested. The options have an expiration date of August 20, 2029. This grant is in accordance with GoviEx's Share Purchase Option Plan.

GoviEx Uranium Inc. (TSXV: GXU) (OTCQX: GVXXF) ha annunciato la concessione di opzioni di acquisto azionario annuali a selezionati direttori, funzionari, dipendenti e un consulente. Le opzioni consentono l'acquisto di fino a 17.380.000 azioni ordinarie di Classe A nel capitale sociale di GoviEx. Queste opzioni sono esercitabili a $0.05 per azione, con un programma di maturazione del 25% alla data di concessione e del 25% ad ogni anniversario successivo fino a completa maturazione. Le opzioni scadono il 20 agosto 2029. Questa concessione è conforme al Piano di Opzioni di Acquisto Azionario di GoviEx.

GoviEx Uranium Inc. (TSXV: GXU) (OTCQX: GVXXF) ha anunciado la concesión de opciones de acciones anuales a directores, funcionarios, empleados y un consultor seleccionados. Las opciones permiten la compra de hasta 17,380,000 acciones comunes de Clase A en el capital social de GoviEx. Estas opciones son ejercitables a $0.05 por acción, con un calendario de adquisición del 25% en la fecha de concesión y del 25% en cada aniversario subsiguiente hasta que estén completamente adquiridas. Las opciones tienen una fecha de vencimiento del 20 de agosto de 2029. Esta concesión está de acuerdo con el Plan de Opciones de Compra de Acciones de GoviEx.

GoviEx Uranium Inc. (TSXV: GXU) (OTCQX: GVXXF)는 선택된 이사, 임원, 직원 및 컨설턴트에게 연간 인센티브 주식 옵션을 부여한다고 발표했습니다. 이 옵션은 GoviEx의 자본금에서 최대 17,380,000 Class A 보통주를 구매할 수 있도록 합니다. 이 옵션은 주당 $0.05에 행사할 수 있으며, 부여일에 25%가 취득되고 이후 매년 25%씩 완전히 취득될 때까지 진행됩니다. 이 옵션은 2029년 8월 20일에 만료됩니다. 이 부여는 GoviEx의 주식 매입 옵션 계획에 따라 이루어집니다.

GoviEx Uranium Inc. (TSXV: GXU) (OTCQX: GVXXF) a annoncé l'octroi d'options d'achat d'actions annuelles à certains directeurs, dirigeants, employés et un consultant sélectionnés. Les options permettent l'achat de jusqu'à 17 380 000 actions ordinaires de Classe A dans le capital de GoviEx. Ces options sont exerçables à 0,05 $ par action, avec un calendrier de vesting de 25 % à la date d'octroi et de 25 % à chaque anniversaire suivant jusqu'à ce qu'elles soient entièrement acquises. Les options expirent le 20 août 2029. Cet octroi est conforme au Plan d'Options d'Achat d'Actions de GoviEx.

GoviEx Uranium Inc. (TSXV: GXU) (OTCQX: GVXXF) hat die Gewährung von jährlichen Anreiz Aktienoptionen an ausgewählte Direktoren, leitende Angestellte, Mitarbeiter und einen Berater angekündigt. Die Optionen erlauben den Kauf von bis zu 17.380.000 Klasse A Stammaktien im Kapital von GoviEx. Diese Optionen können zu $0,05 pro Aktie ausgeübt werden, mit einem Vesting-Zeitrahmen von 25 % am Gewährungstag und 25 % an jedem nachfolgenden Jahrestag bis zur vollständigen Vesting. Die Optionen haben ein Verfallsdatum am 20. August 2029. Diese Gewährung erfolgt gemäß dem Aktienkaufoptionsplan von GoviEx.

Positive
  • Incentive stock options granted to retain key personnel and align interests with shareholders
  • Long-term vesting schedule (5 years) encourages retention of talent
Negative
  • Potential dilution of existing shareholders' ownership if options are exercised
  • Low exercise price of $0.05 per share may indicate current low stock valuation

Vancouver, British Columbia--(Newsfile Corp. - August 21, 2024) - GoviEx Uranium Inc. (TSXV: GXU) (OTCQX: GVXXF) ("GoviEx"), announces that, pursuant to its Share Purchase Option Plan, it has granted annual incentive stock options to certain directors, officers, employees, and a consultant to purchase up to an aggregate of 17,380,000 Class A common shares in the capital stock of GoviEx.

The stock options are exercisable at a price of $0.05 per share and will vest 25% on the date of grant and thereafter, 25% on each anniversary of the date of grant until fully vested. The options expire on August 20, 2029.

Neither 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 release.

About GoviEx Uranium Inc.

GoviEx is a mineral resource company focused on the exploration and development of uranium properties in Africa. GoviEx's principal objective is to become a significant uranium producer through the continued exploration and development of its mine-permitted Muntanga project in Zambia.

Contact Information
Isabel Vilela, Head of Corporate Communications
Daniel Major, Chief Executive Officer
Tel: +1-604-681-5529
Email: info@goviex.com
Web: www.goviex.com

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/220743

FAQ

How many stock options did GoviEx Uranium (GVXXF) grant in August 2024?

GoviEx Uranium (GVXXF) granted 17,380,000 stock options to certain directors, officers, employees, and a consultant in August 2024.

What is the exercise price of the stock options granted by GoviEx Uranium (GVXXF) in August 2024?

The stock options granted by GoviEx Uranium (GVXXF) in August 2024 have an exercise price of $0.05 per share.

When do the stock options granted by GoviEx Uranium (GVXXF) in August 2024 expire?

The stock options granted by GoviEx Uranium (GVXXF) in August 2024 expire on August 20, 2029.

What is the vesting schedule for the stock options granted by GoviEx Uranium (GVXXF) in August 2024?

The stock options vest 25% on the date of grant and 25% on each anniversary of the grant date until fully vested.

GOVIEX URANIUM CL A ORD

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