Gabriel Resources Ltd. Incentive Scheme Issuance

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Aug 06, 2021

LONDON, UK / ACCESSWIRE / August 6, 2021 / Gabriel Resources Ltd. ("Gabriel" or the "Company") announces that it has granted an aggregate of 435,000 incentive stock options under the Company's stock option plan (the "Option Plan") to certain directors of the Company, such awards being granted annually to Directors elected to the Board at the Annual General Meeting (the "Director Grant"). All incentive stock options issued under the Director Grant are exercisable for a period of ten years at $0.28 per share and vest as to 50% on the date of grant and 50% on the first anniversary of the date of grant.