Giga Metals - Options Granted
Rhea-AI Summary
Giga Metals (TSX.V - GIGA) announced the granting of 1,000,000 stock options to Directors, Employees and Consultants. The options are exercisable at $0.20 per share and will expire on November 14, 2029. The vesting schedule includes 25% immediate vesting, with an additional 25% vesting annually. All options will fully vest in the event of a company change of control.
Positive
- None.
Negative
- Potential shareholder dilution through 1,000,000 new stock options
News Market Reaction – GIGGF
In the trading session that priced this news, GIGGF gained 5.26%, reflecting a notable positive market reaction.
Data tracked by StockTitan Argus on the day of publication.
AI-generated analysis. How Rhea-AI works. Not financial advice.
VANCOUVER, British Columbia, Nov. 14, 2024 (GLOBE NEWSWIRE) -- Giga Metals Corporation (TSX.V - GIGA) today announced that, pursuant to its Stock Option Plan, approved by the TSX Venture Exchange, the Company will be granting 1,000,000 stock options to certain Directors, Employees and Consultants, exercisable at
| On behalf of the Board of Directors, |
| “Mark Jarvis” |
| MARK JARVIS, CEO GIGA METALS CORPORATION Tel – 604 681 2300 |
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.
| Suite 203 – 700 West Pender St., Vancouver, BC, Canada V6C 1G8 |
| T: 604-681-2300 E: info@gigametals.com W: www.gigametals.com |
