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Diamond Fields Grants New Stock Options
Diamond Fields Grants New Stock Options Canada NewsWire VANCOUVER, BC ,...
About this update from Dfr Gold Inc
[{"type":"text","content":"\n \n \n \n Diamond Fields Grants New Stock Options\n \n \n /* Style Definitions */\nspan.prnews_span\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\na.prnews_a\n{\ncolor:blue;\n}\nli.prnews_li\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\np.prnews_p\n{\nfont-size:0.62em;\nfont-family:\"Arial\";\ncolor:black;\nmargin:0in;\n}\n \n \n \n \n \n \n Canada NewsWire\n \n \n \n \n \n \n VANCOUVER, BC\n \n \n ,\n \n \n Dec. 7, 2022\n \n \n /CNW/ - Diamond Fields Resources Inc. (TSXV: DFR) (or \"the Company\") announces that it has granted new stock options (\"the New Options\") to eligible participants for the purchase of up to 900,000 common shares at an exercise price of\n \n C$0.20\n \n per share, effective as at\n \n December 6, 2022\n \n (the \"Grant Date\").\n \n \n The New Options will expire on the fourth anniversary of the Grant Date, with 100% of the New Options vesting on the first anniversary of the Grant Date. The exercise price of the New Options is the same as the options granted on\n \n September 22, 2022\n \n and the subscription price which was used in the\n \n US$3.1m\n \n equity financing announced on\n \n March 11, 2022\n \n . This pricing is intended to ensure continued alignment of interests among shareholders, management and directors.\n \n \n The New Options were granted under DFR's Fixed Stock Option plan (the \"Plan\") which enables the Company to issue up to 17,800,000 Stock Options, being less than 10% of the Company's issued and outstanding common shares.\n \n \n A balance of 150,000 Stock Options remains available for future grants under the Plan.\n \n \n Notes to Editors:\n \n \n DFR is a TSX Venture Exchange listed exploration and mine development company focused on gold and other commodities in\n \n Africa\n \n . DFR holds interests in a portfolio of West African gold exploration projects including the highly prospective Cascades Gold Project in\n \n Burkina Faso\n \n . The Cascades Project has a Mineral Resource prepared in accordance with NI 43-101 comprising 5.41 million tonnes of indicated resources at an average grade of 1.52 g/t Au for a total 264,000 ounces of gold; and 6.93 million tonnes of inferred resources at an average grade 1.67 g/t Au for a total of 371,000 ounces of gold.\n \n \n In\n \n Madagascar\n \n , DFR has an advanced high grade hard rock zircon explora...