African Energy Metals ( (TSE:MGMA) ) just unveiled an announcement.
Magma Silver Corp. has appointed Michael Townsend as a new director, bringing his extensive 25-year experience in corporate finance to the board. This strategic move follows the resignation of Joe Sandberg and is expected to strengthen the company’s financial strategies. Additionally, the company has amended its stock option plan, increasing the number of options to 1.5 million and adjusting the exercise price, which reflects its commitment to incentivizing key personnel and aligning their interests with the company’s growth objectives.
More about African Energy Metals
Magma Silver Corp. is a natural resource company focused on the acquisition, exploration, development, and operation of precious metal mining projects, with a primary focus on the advanced Niñobamba silver-gold project in Peru.
Average Trading Volume: 17,472
Technical Sentiment Signal: Hold
Current Market Cap: C$2.61M
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