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Fokus Mining ( (TSE:FKM) ) has issued an update.
Fokus Mining Corporation has granted stock options for 3,100,000 common shares to its Directors, Officers, and a consultant, with an exercise price set above the recent closing price. This strategic move, under the company’s Stock Option Plan, aims to align the interests of key stakeholders with the company’s long-term goals, potentially impacting its operational focus and market positioning positively.
More about Fokus Mining
Fokus Mining Corporation is a mineral resource company focused on acquiring and exploring precious metal deposits in Québec, Canada, particularly in the Abitibi region. Its flagship project, the Galloway Project, is 100%-owned and covers an area of 3,086 hectares, hosting a significant inferred mineral resource of gold. The company has expanded its land package to 9,559 hectares along the Cadillac-Larder Lake Fault, including several wholly-owned properties and a partial interest in another.
Average Trading Volume: 171,062
Technical Sentiment Signal: Buy
Current Market Cap: C$29M
For a thorough assessment of FKM stock, go to TipRanks’ Stock Analysis page.