Sarama Resources - Corporate Update
Sarama Resources (ASX:SRR)(TSX-V:SWA) has granted 9,900,000 stock options to directors, officers, employees, and consultants as part of its annual compensation review. The options have an exercise price of A$0.03 each, which is 50% above the last capital raise price, 17% above the 10-day VWAP, and 20% above the last trading day price on the ASX. The options will vest immediately and are exercisable for 3 years.
The company plans to issue 4,500,000 options to directors, subject to shareholder approval at the next AGM in September 2024. On January 14, 2024, 3,158,336 options expired. The total options outstanding is 19,431,664, pending approval of the director options.
Sarama Resources (ASX:SRR)(TSX-V:SWA) ha concesso 9.900.000 opzioni su azioni a direttori, funzionari, dipendenti e consulenti come parte della sua revisione annuale della compensazione. Le opzioni hanno un prezzo di esercizio di A$0,03 ciascuna, che è il 50% sopra l'ultimo prezzo di capitale raccolto, il 17% sopra il VWAP a 10 giorni, e il 20% sopra il prezzo dell'ultimo giorno di negoziazione sull'ASX. Le opzioni matureranno immediatamente e possono essere esercitate per 3 anni.
La società prevede di emettere 4.500.000 opzioni ai direttori, soggetto all'approvazione degli azionisti nella prossima AGM a settembre 2024. Il 14 gennaio 2024, 3.158.336 opzioni sono scadute. Il totale delle opzioni in essere è 19.431.664, in attesa dell'approvazione delle opzioni per i direttori.
Sarama Resources (ASX:SRR)(TSX-V:SWA) ha otorgado 9.900.000 opciones sobre acciones a directores, funcionarios, empleados y consultores como parte de su revisión anual de compensación. Las opciones tienen un precio de ejercicio de A$0,03 cada una, lo que representa un 50% más que el último precio de aumento de capital, un 17% más que el VWAP de 10 días y un 20% más que el precio del último día de negociación en la ASX. Las opciones se consolidarán de inmediato y podrán ejercerse durante 3 años.
La empresa planea emitir 4.500.000 opciones a los directores, sujeto a la aprobación de los accionistas en la próxima AGM en septiembre de 2024. El 14 de enero de 2024, 3.158.336 opciones vencieron. El total de opciones en circulación es 19.431.664, pendiente de aprobación de las opciones para directores.
사라마 리소스(Sarama Resources)(ASX:SRR)(TSX-V:SWA)는 이사, 임원, 직원 및 컨설턴트에게 연간 보상 리뷰의 일환으로 9,900,000 주식 옵션을 부여했습니다. 이 옵션의 행사 가격은 A$0.03으로, 이는 최근 자본 조달 가격보다 50%, 10일 VWAP보다 17%, ASX의 마지막 거래일 가격보다 20% 높습니다. 옵션은 즉시 행사 가능하며 3년간 유효합니다.
회사는 2024년 9월 다음 AGM에서 주주 승인을 받아 이사에게 4,500,000 옵션을 발행할 계획입니다. 2024년 1월 14일에 3,158,336 옵션이 만료되었습니다. 총 발행된 옵션 수는 19,431,664개로, 이사 옵션의 승인을 기다리고 있습니다.
Sarama Resources (ASX:SRR)(TSX-V:SWA) a accordé 9.900.000 options sur actions à des directeurs, responsables, employés et consultants dans le cadre de son examen annuel de la rémunération. Les options ont un prix d'exercice de A$0,03 chacune, ce qui représente 50 % au-dessus du dernier prix d'augmentation de capital, 17 % au-dessus du VWAP sur 10 jours et 20 % au-dessus du prix de la dernière journée de trading sur l'ASX. Les options s'acquitteront immédiatement et peuvent être exercées pendant 3 ans.
L'entreprise prévoit d'émettre 4.500.000 options aux directeurs, sous réserve de l'approbation des actionnaires lors de la prochaine AGM en septembre 2024. Le 14 janvier 2024, 3.158.336 options ont expiré. Le total des options en circulation est de 19.431.664, en attente de l'approbation des options des directeurs.
Sarama Resources (ASX:SRR)(TSX-V:SWA) hat 9.900.000 Aktienoptionen an Direktoren, Führungskräfte, Mitarbeiter und Berater als Teil seiner jährlichen Vergütungsüberprüfung gewährt. Der Ausübungspreis liegt bei A$0,03 pro Option, was 50% über dem letzten Kapitalerhöhungspreis, 17% über dem 10-Tage-VWAP und 20% über dem Schlusskurs des letzten Handelstags an der ASX liegt. Die Optionen werden sofort fällig und sind für 3 Jahre ausübbar.
Das Unternehmen plant, 4.500.000 Optionen an Direktoren auszugeben, vorbehaltlich der Genehmigung der Aktionäre auf der nächsten Hauptversammlung im September 2024. Am 14. Januar 2024 liefen 3.158.336 Optionen ab. Die Gesamtsumme der ausstehenden Optionen beträgt 19.431.664 und steht noch zur Genehmigung der Direktorenoptionen aus.
- Granting of stock options aligns management and employee interests with shareholders
- Exercise price of A$0.03 is set above recent trading prices, incentivizing share price growth
- Potential dilution of existing shareholders if options are exercised
- Expiration of 3,158,336 options at C$0.35 suggests previous options were out of the money
PERTH, AUSTRALIA and VANCOUVER, BC / ACCESSWIRE / July 23, 2024 / The Board of Directors of Sarama Resources Ltd. ("Sarama" or the "Company") (ASX:SRR)(TSX-V:SWA) has granted 9,900,000 options to directors, officers, employees and consultants of the Company as a result of the Company's annual compensation review. This granting of options is made in accordance with the Company's stock option plan which was approved by shareholders on December 21, 2022, and allows for the issuance of a number of options up to
Options to be granted to Directors will require Shareholder approval under ASX Listing Rule 10.14 as it is an issue to a related party. Approval will be sought at the next AGM in September 2024. The Company is proposing to issue an aggregate of 4,500,000 options to directors (or their nominees) on the basis described below:
Director | Number of options |
Adrian Byass | 750,000 |
Andrew Dinning | 3,000,000 |
Simon Jackson | 750,000 |
The options have an exercise price of A
On January 14, 2024, 3,158,336 options granted on January 14, 2021, and exercisable at C
Total options outstanding is 19,431,664 subject to approval of the number of options that is to be granted to directors.
For further information on the Company's activities, please contact:
Andrew Dinning
e: info@saramaresources.com
t: +61 (0) 8 9363 7600
This announcement was authorised for release to the ASX by the Board of Sarama Resources Ltd.
Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
SOURCE: Sarama Resources Ltd.
View the original press release on accesswire.com
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