Welcome to our dedicated page for Lavras Gold news (Ticker: LGCFF), a resource for investors and traders seeking the latest updates and insights on Lavras Gold stock.
Lavras Gold Corp. explores and develops gold assets at the Lavras do Sul Project in Rio Grande do Sul, Brazil. Company updates center on district-scale work across its 23,000-hectare LDS Project, including drilling and assay results at the Butiá Gold Deposit, Fazenda do Posto Gold Discovery, Caneleira target, and other prospects within the Lavras do Sul alkaline intrusive complex.
Recurring developments also include engineering studies, mine planning, process plant and infrastructure work, permitting activities for Butiá-Fazenda do Posto, technical reviews of geological models, and corporate actions such as equity incentive awards and leadership or governance changes.
Lavras Gold Corp. (TSXV: LGC, OTCQX: LGCFF) announced the issuance of 1,454,000 stock options and 101,419 Restricted Share Units (RSUs) to its directors, officers, consultants, and employees. The stock options allow the purchase of common shares at $1.70 per share, expiring on May 30, 2029. The RSUs, granted to officers, vest on May 30, 2025, and will be settled with company shares. This issuance follows the company's standard practice, aligning with a similar grant given in 2023.
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