Omai Gold Grants 10.72M Stock Options at $1.44 with Five-Year Term
Omai Gold granted incentive stock options for purchase of up to 10,720,000 common shares under its stock option plan. The five-year options carry a $1.44 exercise price with one-third vesting at grant, one-third after one year and the remainder after two years.
1. Incentive Stock Options Granted
On January 9, 2026, Omai Gold Mines Corp. granted incentive stock options to its officers, directors, employees and consultants to purchase up to 10,720,000 common shares under its stock option plan. Each option carries a five-year term, exercisable at C$1.44 per share, with one-third vesting immediately, one-third on January 9, 2027 and the balance on January 9, 2028. The options expire on January 8, 2031. This grant represents approximately 5.3% of the company’s current issued share capital, aligning senior management and technical teams with long-term value creation goals.
2. Investor Implications and Project Catalysts
The option grant coincides with Omai Gold’s anticipated Q1 2026 updated Mineral Resource Estimate and Q2 2026 Preliminary Economic Assessment for its 100%-owned Omai Gold Project in Guyana. The project hosts 2.12 Moz of Indicated resources at 2.07 g/t Au and 4.38 Moz of Inferred resources at 1.95 g/t Au across the Wenot and Gilt Creek deposits, following a 96% resource increase at Wenot in August 2025. Three drills are operational, targeting deeper extensions and satellite zones, with the goal of converting Inferred ounces to Indicated ahead of a prefeasibility study. The alignment of management incentives with these technical milestones is designed to support project advancement and deliver potential upside as studies and permitting progress.