Metalsource Mining Grants Stock Options
Rhea-AI Summary
Metalsource Mining (OTC:SFRIF) granted an aggregate of 3,000,000 incentive stock options to employees, officers, directors and consultants on January 2, 2026. The options are exercisable at $0.63 per share for a term of five years from the grant date and are subject to a four-month-and-one-day hold period.
All options were granted under the company's Stock Option Plan and are governed by its terms.
Positive
- 3,000,000 options granted to align employee and management incentives
- Options exercisable at a fixed $0.63 price for five years
Negative
- Exercise of 3,000,000 options could dilute existing shareholders if exercised
News Market Reaction
On the day this news was published, SFRIF gained 25.00%, reflecting a significant positive market reaction.
Data tracked by StockTitan Argus on the day of publication.
Vancouver, British Columbia--(Newsfile Corp. - January 2, 2026) - METALSOURCE MINING INC. (CSE: MSM) (the "Company" or "Metalsource") announces that the Company has granted an aggregate of 3,000,000 incentive stock options (the "Options") to employees, officers, directors and consultants of the Company. The Options are exercisable at
About Metalsource Mining Inc.
The Company is engaged in acquisition, exploration and development of mineral property assets. The Company's objective is to locate and develop economic precious and base metal properties of merit and to conduct its exploration program on the Aruba Property. The Aruba Property is located in the Kalahari Desert region of Botswana, covering 4,663 square kilometers in an area prospective for platinum group metals, gold, silver, and manganese mineralization.
For more information, please refer to SEDAR+ (www.sedarplus.ca), under the Company's profile.
ON BEHALF OF THE BOARD OF DIRECTORS
Joseph Cullen, Chief Executive Officer and Director
For more information please contact:
Mr. Joseph Cullen
Phone: 778-919-8615
Email: jpacullen@gmail.com
Website: https://www.metalsourcemining.com
Cautionary Note About Forward-Looking Statements
This news release may include forward-looking statements that are subject to risks and uncertainties. By its nature, this information is subject to inherent risks and uncertainties that may be general or specific and which give rise to the possibility that expectations, forecasts, predictions, projections, or conclusions will not prove to be accurate, that assumptions may not be correct, and that objectives, strategic goals and priorities will not be achieved. These risks and uncertainties include but are not limited those identified and reported in the Company's public filings under the Company's SEDAR profile at www.sedarplus.ca. Although the Company has attempted to identify important factors that could cause actual actions, events, or results to differ materially from those described in forward-looking information, there may be other factors that cause actions, events or results not to be as anticipated, estimated or intended. There can be no assurance that such information will prove to be accurate as actual results and future events could differ materially from those anticipated in such statements. The Company disclaims any intention or obligation to update or revise any forward-looking information, whether as a result of new information, future events or otherwise unless required by law.
Neither the CSE nor the Market Regulator (as that term is defined in the policies of the CSE) accepts responsibility for the adequacy or accuracy of this release.
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/279384
FAQ
How many stock options did Metalsource Mining (SFRIF) grant on January 2, 2026?
What is the exercise price and term of the SFRIF options granted January 2, 2026?
Who received the Metalsource Mining (SFRIF) option grants announced January 2, 2026?
Do the Metalsource Mining (SFRIF) options have a hold period?
Under what plan were the Metalsource Mining (SFRIF) options granted?
