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West Vault Mining (TSXV: WVM, OTCQX: WVMDF) has announced the grant of 529,100 share-based awards to its officers, directors, employees, and consultants on January 14, 2025. The awards consist of 114,000 restricted share units (RSUs) and 415,100 options to acquire common shares. The options allow holders to purchase company shares at $0.96 per share within a five-year period from the grant date. Both the options and RSUs are subject to a three-year vesting period and require TSX Venture Exchange acceptance.
West Vault Mining (TSXV: WVM, OTCQX: WVMDF) ha annunciato l’assegnazione di 529.100 premi basati su azioni ai suoi funzionari, direttori, dipendenti e consulenti il 14 gennaio 2025. I premi consistono in 114.000 unità di azioni vincolate (RSU) e 415.100 opzioni per acquisire azioni ordinarie. Le opzioni consentono ai titolari di acquistare azioni della società a $0,96 per azione entro un periodo di cinque anni dalla data di assegnazione. Sia le opzioni che le RSU sono soggette a un periodo di maturazione di tre anni e richiedono l’approvazione della Borsa di Toronto Venture.
West Vault Mining (TSXV: WVM, OTCQX: WVMDF) ha anunciado la concesión de 529,100 premios basados en acciones a sus funcionarios, directores, empleados y consultores el 14 de enero de 2025. Los premios consisten en 114,000 unidades de acciones restringidas (RSUs) y 415,100 opciones para adquirir acciones ordinarias. Las opciones permiten a los titulares comprar acciones de la empresa a $0.96 por acción dentro de un período de cinco años desde la fecha de concesión. Tanto las opciones como las RSUs están sujetas a un período de adquisición de tres años y requieren la aceptación de la Bolsa de Toronto Venture.
웨스트 볼트 마이닝 (TSXV: WVM, OTCQX: WVMDF)는 2025년 1월 14일 임원, 이사, 직원 및 컨설턴트에게 529,100개의 주식 기반 보상을 부여한다고 발표했습니다. 보상은 114,000개의 제한 주식 단위(RSU)와 415,100개의 옵션으로 구성되어 있으며, 이 옵션을 통해 보유자는 부여일로부터 5년 이내에 회사의 주식을 주당 $0.96에 구매할 수 있습니다. 옵션과 RSU 모두 3년의 귀속 기간이 있으며, 토론토 벤처 거래소의 승인이 필요합니다.
West Vault Mining (TSXV : WVM, OTCQX : WVMDF) a annoncé l’octroi de 529 100 attributions basées sur des actions à ses dirigeants, administrateurs, employés et consultants le 14 janvier 2025. Les attributions se composent de 114 000 unités d’actions restreintes (RSU) et de 415 100 options pour acquérir des actions ordinaires. Les options permettent aux titulaires d’acheter des actions de l’entreprise à 0,96 $ par action dans un délai de cinq ans à partir de la date d’octroi. Tant les options que les RSU sont soumises à une période d’acquisition de trois ans et nécessitent l’acceptation de la Bourse de Toronto Venture.
West Vault Mining (TSXV: WVM, OTCQX: WVMDF) hat die Gewährung von 529.100 aktienbasierten Auszeichnungen an seine Führungskräfte, Direktoren, Mitarbeiter und Berater am 14. Januar 2025 angekündigt. Die Auszeichnungen bestehen aus 114.000 eingeschränkten Aktieneinheiten (RSUs) und 415.100 Optionen zum Erwerb von Stammaktien. Die Optionen ermöglichen es den Inhabern, Aktien des Unternehmens zu $0,96 pro Aktie innerhalb eines Zeitraums von fünf Jahren ab dem Datum der Gewährung zu kaufen. Sowohl die Optionen als auch die RSUs unterliegen einer dreijährigen Vesting-Periode und erfordern die Genehmigung der TSX Venture Exchange.
Negative
- Share dilution potential from 529,100 new share-based awards
- Three-year vesting period restricts immediate value realization
Vancouver, British Columbia–(Newsfile Corp. – January 17, 2025) – West Vault Mining Inc. (TSXV: WVM) (OTCQX: WVMDF) (“West Vault” or the “Company”) announces that on January 14, 2025 (the “Grant Date”) it awarded an aggregate 529,100 share-based awards (the “Share-Based Awards”) to certain officers, directors, employees and consultants of the Company. The Share-Based Awards are comprised of 114,000 restricted share units (“RSUs”), and 415,100 options to acquire common shares of the Company (the “Options”). Each Option entitles the holder to purchase one common share of the Company at a price of $0.96 per common share for a period of five years from the Grant Date. The Options and RSUs are subject to a three-year vesting period from the date of grant. The Share-Based Awards are governed by the Share Compensation Plan of the Company and are subject to TSX Venture Exchange acceptance.
About West Vault Mining Inc.
West Vault is committed to maximizing shareholder value through its low-risk gold-in-ground strategy, which involves acquiring, advancing, holding, developing, and selling high-quality development gold projects in the best mining jurisdiction.
On behalf of the Board of West Vault Mining Inc.
Sandy McVey
Chief Executive Officer
Disclaimer for Forward-Looking Information
This press release may contain forward-looking information or forward-looking statements (collectively “forward-looking information”) within the meaning of applicable securities laws. Forward-looking information is typically identified by words such as: “maximizing shareholder value”, “low risk”, “high quality”, “best”, and similar expressions, or are those, which, by their nature, refer to future events. All statements that are not statements of historical fact are forward looking statements. Although West Vault believes that such information as set out in this press release is reasonable, it can give no assurance that such expectations and estimates will prove to be correct. The Company cautions investors that any forward-looking information provided by the Company is not a guarantee of future results or performance, and that actual results may differ materially from those in forward-looking information as a result of various factors. The reader is referred to the Company’s public filings for a more complete discussion of such risk factors and their potential effects which may be accessed through the Company’s profile on SEDAR+ at www.sedarplus.ca.
Neither the 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.
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/237620
FAQ
How many share-based awards did West Vault Mining (WVMDF) grant on January 14, 2025?
West Vault Mining granted a total of 529,100 share-based awards, consisting of 114,000 RSUs and 415,100 options.
What is the strike price for West Vault Mining’s (WVMDF) January 2025 stock options?
The options were granted with a strike price of $0.96 per common share.
What is the vesting period for WVMDF’s January 2025 share-based awards?
Both the options and RSUs have a three-year vesting period from the January 14, 2025 grant date.
When do West Vault Mining’s (WVMDF) January 2025 stock options expire?
The options expire five years from the grant date of January 14, 2025.
