Gabriel Resources Ltd. Incentive Scheme Issuance

Author's Avatar
May 31, 2022

LONDON, UK / ACCESSWIRE / May 31, 2022 / Gabriel Resources Ltd. ("Gabriel" or the "Company") announces that it has granted an aggregate of 120,446 incentive stock options under the Company's stock option plan (the "Option Plan") and 221,079 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 Q1 2022 (the "Director Grant"). All incentive stock options issued under the Director Grant are exercisable for a period of ten years at $0.24 per share and vest immediately from the date of grant.