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SRQ Resources Inc. ( (TSE:SRQ) ) has shared an update.
SRQ Resources Inc. announced the grant of 1,430,000 stock options to its Directors and Officers, exercisable at $0.13 each over a ten-year period, with vesting to occur in four installments over 18 months. This move, subject to TSX Venture Exchange approval, is part of their annual incentive plan and reflects the company’s commitment to aligning executive interests with long-term shareholder value, potentially impacting its operational dynamics and market position positively.
More about SRQ Resources Inc.
SRQ Resources Inc. is a Canadian base metals company focused on exploring nickel, copper, and platinum in Québec. The company holds 1,173 exploration claims in the province, with its Lac Brulé project being the most advanced, located approximately 148 km from Mont-Laurier. The project is notable for its near-surface Ni-Cu potential and proximity to the historic Renzy Ni-Cu mine, enhancing its exploration appeal.
YTD Price Performance: 15.04%
Average Trading Volume: 35,883
Technical Sentiment Consensus Rating: Sell
See more data about SRQ stock on TipRanks’ Stock Analysis page.