An update from Coniagas Battery Metals Inc ( (TSE:COS) ) is now available.
Coniagas Battery Metals Inc. has granted stock options to its directors, allowing them to purchase 500,000 common shares at an exercise price of $0.05 per share for three years. This move aligns with the company’s strategy to enhance shareholder value and further develop its Graal project in Quebec, which shows promising high-grade deposits of nickel and copper with byproducts of cobalt, platinum, and palladium. The project supports Coniagas’s goal of becoming a key supplier in the electric vehicle industry, with plans for additional drilling and resource reporting in the near future.
More about Coniagas Battery Metals Inc
Coniagas Battery Metals Inc. is a Canadian junior mining company focused on nickel, copper, cobalt, and platinum group metals in Québec. Their strategy aims at becoming a critical metals supplier to the electric vehicle market by developing their mineral properties.
YTD Price Performance: -13.79%
Average Trading Volume: 41,411
Technical Sentiment Consensus Rating: Strong Buy
See more insights into COS stock on TipRanks’ Stock Analysis page.