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Plata Latina Grants Stock Options

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Plata Latina Minerals (TSXV: PLA) has granted 6,328,572 stock options to its directors, officer, and consultant. The options are exercisable at C$0.01 per share and have a five-year expiration date of August 23, 2029. This stock option grant is a common practice in the mining industry to align the interests of key personnel with those of shareholders and provide incentives for long-term value creation.

Plata Latina Minerals (TSXV: PLA) ha concesso 6.328.572 opzioni su azioni ai suoi direttori, funzionari e consulenti. Le opzioni sono esercitabili a C$0,01 per azione e hanno una data di scadenza di cinque anni, fissata al 23 agosto 2029. Questa concessione di opzioni su azioni è una pratica comune nel settore minerario per allineare gli interessi del personale chiave con quelli degli azionisti e fornire incentivi per la creazione di valore a lungo termine.

Plata Latina Minerals (TSXV: PLA) ha otorgado 6,328,572 opciones sobre acciones a sus directores, funcionarios y consultores. Las opciones son ejercitables a C$0.01 por acción y tienen una fecha de vencimiento de cinco años, el 23 de agosto de 2029. Esta concesión de opciones sobre acciones es una práctica común en la industria minera para alinear los intereses del personal clave con los de los accionistas y proporcionar incentivos para la creación de valor a largo plazo.

플라타 라티나 미네랄스 (TSXV: PLA)는 6,328,572개의 주식 옵션을 이사, 임원 및 컨설턴트에게 부여했습니다. 이 옵션은 주당 C$0.01의 가격으로 행사할 수 있으며, 2029년 8월 23일에 만료됩니다. 이러한 주식 옵션 부여는 광업 산업에서 핵심 인력의 이해관계를 주주와 일치시키고 장기적인 가치 창출을 위한 유인을 제공하는 일반적인 관행입니다.

Plata Latina Minerals (TSXV: PLA) a accordé 6 328 572 options d'achat d'actions à ses directeurs, dirigeants et consultants. Les options sont exercables à C$0,01 par action et ont une date d'expiration de cinq ans, fixée au 23 août 2029. Ce type de concession d'options sur actions est une pratique courante dans l'industrie minière pour aligner les intérêts du personnel clé avec ceux des actionnaires et fournir des incitations à la création de valeur à long terme.

Plata Latina Minerals (TSXV: PLA) hat 6.328.572 Aktienoptionen an seine Direktoren, Offiziellen und Berater vergeben. Die Optionen sind zu einem Preis von C$0,01 pro Aktie ausübbar und haben ein Ablaufdatum von fünf Jahren, nämlich den 23. August 2029. Diese Gewährung von Aktienoptionen ist eine gängige Praxis in der Bergbauindustrie, um die Interessen von Schlüsselpersonen mit denen der Aktionäre in Einklang zu bringen und Anreize für die Schaffung langfristiger Werte zu bieten.

Positive
  • Alignment of interests between key personnel and shareholders through stock option grants
Negative
  • Potential dilution of existing shareholders' ownership if options are exercised

Vancouver, British Columbia--(Newsfile Corp. - August 26, 2024) - Plata Latina Minerals Corporation (TSXV: PLA) ("Plata Latina" or the "Company") has granted an aggregate of 6,328,572 stock options to its directors, officer and consultant. The options are exercisable at C$0.01 per share for a period of five years, expiring on August 23, 2029.

About Plata Latina Minerals

Plata Latina Minerals was a Canadian exploration company with mineral properties in Mexico. The Company sold its Naranjillo Property to Fresnillo plc for a total of US $2,150,000 and currently receives advance royalty payments of US $100,000 until the earlier of (i) US $1,000,000 of advance royalty payments have been paid, or (ii) Naranjillo commences commercial production of minerals. In addition, the Company was granted a 3% net smelter return royalty (NSR). The Company also has a 2% NSR on the La Joya Project, which is indirectly owned by Fortuna Mining Corp.

For more information, please contact:

Patricia Fong
Chief Financial Officer
Telephone: +1 800 933 9925
Email: info@plminerals.com

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.

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/221159

FAQ

How many stock options did Plata Latina Minerals (TSXV: PLA) grant on August 26, 2024?

Plata Latina Minerals (TSXV: PLA) granted an aggregate of 6,328,572 stock options on August 26, 2024.

What is the exercise price of the stock options granted by Plata Latina Minerals (TSXV: PLA)?

The stock options granted by Plata Latina Minerals (TSXV: PLA) are exercisable at C$0.01 per share.

When do the stock options granted by Plata Latina Minerals (TSXV: PLA) expire?

The stock options granted by Plata Latina Minerals (TSXV: PLA) expire on August 23, 2029, which is five years from the grant date.

Who received the stock options from Plata Latina Minerals (TSXV: PLA)?

Plata Latina Minerals (TSXV: PLA) granted the stock options to its directors, officer, and consultant.

PLATA LATINA MINERALS CRP

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