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West Vault Mining Inc. (WVMDF) is a mining company based in Vancouver, British Columbia, focused on a low-risk gold-in-ground strategy. The company acquires, advances, holds, and sells high-quality development gold projects in favorable mining jurisdictions. Recent achievements include positive results from the Annual General Meeting and the granting of a Net Smelter Return Royalty on claims. West Vault's commitment to maximizing shareholder value is evidenced by its ready-to-build gold mine project in Nevada.
West Vault Mining (TSXV: WVM, OTCQX: WVMDF) has announced the grant of 529,100 share-based awards to its officers, directors, employees, and consultants on January 14, 2025. The awards consist of 114,000 restricted share units (RSUs) and 415,100 options to acquire common shares. The options allow holders to purchase company shares at $0.96 per share within a five-year period from the grant date. Both the options and RSUs are subject to a three-year vesting period and require TSX Venture Exchange acceptance.
West Vault Mining (TSXV: WVM, OTCQX: WVMDF) announced that Stephen Quin has resigned from the Board of Directors, effective November 21, 2024. The company has appointed Frank R. Hallam as a new director, who is currently serving as CFO and Corporate Secretary. Hallam, a co-founder of the company in 2010 and previous director, is a Chartered Professional Accountant with experience as an auditor at Coopers & Lybrand. He was also involved in founding MAG Silver Corp., West Timmins Mining, and Platinum Group Metals
West Vault Mining Inc. announces the renewal of its normal course issuer bid to repurchase common shares. The company can buy up to 2.9 million shares, representing 5% of outstanding shares. Purchases will be made through the TSXV at market prices. Funding will come from the company's working capital. The board believes this is a beneficial use of funds for both the company and its shareholders.