Gabriel Resources Ltd. Incentive Scheme Issuance

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Jul 05, 2021

LONDON, UK / ACCESSWIRE / July 5, 2021 / Gabriel Resources Ltd. ("Gabriel" or the "Company") announces that it has granted an aggregate of 194,982 incentive stock options under the Company's stock option plan (the "Option Plan") and 104,723 deferred share units under the Company's deferred share unit plan (the "DSU Plan") to certain directors of the Company as non-cash directors' fees for service during Q2 2021 (the "Director Grant"). All incentive stock options issued under the Director Grant are exercisable for a period of ten years at $0.30 per share and vest immediately from the date of grant.