Perseverance Metals Grants 1.78M Options at C$0.65 Vesting Over Three Years
Perseverance Metals granted an aggregate of 1,775,000 incentive stock options at C$0.65 per share, vesting over 36 months and expiring 60 months after issuance. The awards follow a December 2025 compensation review by the Governance and Nominating Committee and cover officers, directors, advisors, employees and consultants.
1. Option Issuance Details
Perseverance Metals has issued a total of 1,775,000 incentive stock options under its Long-Term Incentive Plan following a December 2025 compensation review by the Governance and Nominating Committee. The issuance covers officers, directors, advisors, employees and consultants, aligning management incentives with shareholder interests.
2. Vesting Schedule and Expiry
Each option carries an exercise price of C$0.65 per share, vests over a 36-month period and will expire 60 months from the date of issuance. All options remain subject to the Plan’s terms, applicable option agreements and the requirements of the TSX Venture Exchange.