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Hannan Announces Grant of Stock Options

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Hannan Metals (TSXV:HAN, Frankfurt:C8MQ, OTC PINK:HANNF) has announced the granting of stock options to its directors and officers. The options allow for the acquisition of 1,428,000 common shares of the Company. These options are exercisable at C$0.60 per common share and have a validity period of 5 years. This move is typically aimed at aligning the interests of company leadership with those of shareholders, potentially impacting the company's governance and long-term performance.

Hannan Metals (TSXV:HAN, Frankfurt:C8MQ, OTC PINK:HANNF) ha annunciato il conferimento di opzioni azionarie ai suoi director e dirigenti. Le opzioni consentono l'acquisizione di 1.428.000 azioni ordinarie della Società. Queste opzioni sono esercitabili a C$0,60 per azione ordinaria e hanno un periodo di validità di 5 anni. Questa mossa mira tipicamente ad allineare gli interessi della leadership aziendale con quelli degli azionisti, influenzando potenzialmente la governance e le performance a lungo termine dell'azienda.

Hannan Metals (TSXV:HAN, Frankfurt:C8MQ, OTC PINK:HANNF) ha anunciado la otorgación de opciones sobre acciones a sus directores y funcionarios. Las opciones permiten la adquisición de 1.428.000 acciones ordinarias de la Compañía. Estas opciones son ejercitables a C$0,60 por acción ordinaria y tienen un período de validez de 5 años. Este movimiento tiene como objetivo alinear los intereses de la dirección de la empresa con los de los accionistas, afectando potencialmente la gobernanza y el rendimiento a largo plazo de la empresa.

Hannan Metals (TSXV:HAN, Frankfurt:C8MQ, OTC PINK:HANNF)는 이사 및 임원에게 주식 옵션 부여를 발표했습니다. 이 옵션은 회사의 1,428,000주 보통주를 취득할 수 있게 해줍니다. 이 옵션은 주당 C$0.60에 행사 가능하며 유효 기간은 5년입니다. 이러한 조치는 일반적으로 회사 경영진의 이해관계를 주주와 일치시키기 위한 것으로, 회사의 거버넌스와 장기 성과에 잠재적으로 영향을 미칠 수 있습니다.

Hannan Metals (TSXV:HAN, Frankfurt:C8MQ, OTC PINK:HANNF) a annoncé le délivrance d'options sur actions à ses administrateurs et dirigeants. Les options permettent l'acquisition de 1.428.000 actions ordinaires de la Société. Ces options sont exerçables à C$0,60 par action ordinaire et ont une durée de validité de 5 ans. Ce mouvement vise généralement à aligner les intérêts de la direction de l'entreprise avec ceux des actionnaires, ce qui pourrait avoir un impact sur la gouvernance de l'entreprise et sa performance à long terme.

Hannan Metals (TSXV:HAN, Frankfurt:C8MQ, OTC PINK:HANNF) hat die Gewährung von Aktienoptionen an seine Direktoren und Führungskräfte bekannt gegeben. Die Optionen ermöglichen den Erwerb von 1.428.000 Stammaktien des Unternehmens. Diese Optionen sind zu C$0,60 pro Stammaktie ausübbar und haben eine Gültigkeitsdauer von 5 Jahren. Dieser Schritt zielt typischerweise darauf ab, die Interessen der Unternehmensführung mit denen der Aktionäre in Einklang zu bringen, was potenziell die Unternehmensführung und die langfristige Leistung beeinflussen könnte.

Positive
  • Stock options grant may incentivize directors and officers to improve company performance
  • 5-year exercise period provides long-term alignment with shareholder interests
Negative
  • Potential dilution of existing shareholders' ownership if options are exercised
  • Exercise price of C$0.60 may be below or above current market price, affecting the options' value

VANCOUVER, BC / ACCESSWIRE / September 9, 2024 / Hannan Metals Limited ("Hannan" or the "Company") (TSXV:HAN)(Frankfurt:C8MQ)(OTC PINK:HANNF) announces the granting of stock options to directors and officers of the Company to acquire an aggregate of 1,428,000 common shares of the Company, exercisable at C$0.60 per common share, for a period of 5 years.

About Hannan Metals Limited (TSXV:HAN) (Frankfurt: C8MQ) (OTCPK: HANNF)

Hannan Metals Limited is a natural resources and exploration company developing sustainable resources of metal needed to meet the transition to a low carbon economy. Over the last decade, the team behind Hannan has forged a long and successful record of discovering, financing, and advancing mineral projects in Europe and Peru. Hannan is a top ten in-country explorer by area in Peru.

On behalf of the Board,

Further Information
www.hannanmetals.com
1305 - 1090 West Georgia St., Vancouver, BC, V6E 3V7
Mariana Bermudez, Corporate Secretary,
+1 (604) 685 9316, info@hannanmetals.com

"Michael Hudson"
Michael Hudson, Chairman & CEO

Forward Looking Statements. Certain disclosure contained in this news release may constitute forward-looking information or forward-looking statements, within the meaning of Canadian securities laws. These statements may relate to this news release and other matters identified in the Company's public filings. In making the forward-looking statements the Company has applied certain factors and assumptions that are based on the Company's current beliefs as well as assumptions made by and information currently available to the Company. These statements address future events and conditions and, as such, involve known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements to be materially different from any future results, performance or achievements expressed or implied by the statements. These risks and uncertainties include but are not limited to: the political environment in which the Company operates continuing to support the development and operation of mining projects; the threat associated with outbreaks of viruses and infectious diseases; risks related to negative publicity with respect to the Company or the mining industry in general; planned work programs; permitting; and community relations. Readers are cautioned not to place undue reliance on forward-looking statements. The Company does not intend, and expressly disclaims any intention or obligation to, update or revise any forward-looking statements whether as a result of new information, future events or otherwise, except as required by law.

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.

SOURCE: Hannan Metals Ltd.



View the original press release on accesswire.com

FAQ

How many stock options did Hannan Metals (HANNF) grant to its directors and officers?

Hannan Metals granted stock options to acquire 1,428,000 common shares to its directors and officers.

What is the exercise price for the stock options granted by Hannan Metals (HANNF) on September 9, 2024?

The exercise price for the stock options granted is C$0.60 per common share.

What is the expiration period for the stock options granted by Hannan Metals (HANNF)?

The stock options granted by Hannan Metals have a validity period of 5 years.

On which stock exchanges is Hannan Metals (HANNF) listed?

Hannan Metals is listed on the TSX Venture Exchange (TSXV:HAN), Frankfurt Stock Exchange (C8MQ), and OTC Pink (HANNF).

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