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Be the first with the news that moves the market- Regulus Resources (REG) has granted incentive stock options to directors, officers, employees and consultants
- These key officials of the company were granted stock options to purchase up to 3,950,000 common shares at a price of $1.02 per share for five years
- The stock options will vest over a two-year period
- Regulus Resources Inc. is a mineral exploration company run by an experienced technical and management team
- Regulus Resources Inc. opened trading at $0.83
Regulus Resources (REG) has granted incentive stock options to directors, officers, employees and consultants.
These key officials of the company were granted stock options to purchase up to 3,950,000 common shares at a price of $1.02 per share for five years. This was done in line with the company’s stock option plan.
The stock options will vest over a two-year period.
Currently, the company has 124,508,818 shares issued and outstanding, along with 11,725,000 options (including the options described above) and 5,500,000 warrants outstanding.
Regulus Resources Inc. is a mineral exploration company run by an experienced technical and management team.
The principal project held by Regulus is the AntaKori copper-gold-silver project in northern Peru.
The AntaKori project currently hosts a resource with indicated mineral resources of 250 million tonnes with a grade of 0.48 per cent Cu, 0.29 g/t Au and 7.5 g/t Ag. It also has inferred mineral resources of 267 million tonnes with a grade of 0.41 per cent Cu, 0.26 g/t Au, and 7.8 g/t Ag.
Regulus Resources Inc. opened trading at $0.83.
