TDG Gold Corp. Grants Stock Options
Rhea-AI Summary
TDG Gold Corp. (OTCQX:TDGGF) has announced the approval of 8,630,000 incentive stock options by its board of directors. The options will be granted to directors, officers, employees and consultants with an exercise price of $0.60 and a five-year exercise period.
The options will vest in stages, with 25% vesting immediately upon grant and the remaining portions vesting at 25% each year thereafter. This grant aligns with the company's annual issuance under its long-term incentive plan and has been approved under the company's shareholder-approved stock option plan.
Positive
- Stock options align management and employee interests with shareholders
- Gradual vesting schedule of 25% per year promotes long-term retention
Negative
- Potential dilution from 8,630,000 new stock options
WHITE ROCK, BC / ACCESS Newswire / July 17, 2025 / TDG Gold Corp. (TSXV:TDG)(OTCQX:TDGGF) (the "Company" or "TDG") reports that the board of directors of TDG approved the grant of a total of 8,630,000 incentive stock options of the capital stock of the Company to directors, officers, employees and consultants, exercisable for up to a five-year period at an exercise price of
The grant of 8,630,000 incentive stock options of the capital stock of the Company is in line with the Company's annual issuance under its long term incentive plan.
ON BEHALF OF THE BOARD
Fletcher Morgan
Chief Executive Officer
For further information contact:
TDG Gold Corp.
Telephone: +1.604.536.2711
Email: info@tdggold.com
Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
SOURCE: TDG Gold Corp.
View the original press release on ACCESS Newswire