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Atacama Copper Grants Options and RSUs

Vancouver, British Columbia--(Newsfile Corp. - March 10, 2023) - Atacama Copper Corporation (TSXV...

articleFuerte Metals CorporationMarch 10, 20234/company/fuerte-metals-corporation/news/atacama-copper-grants-options-and-rsus
Atacama Copper Grants Options and RSUs

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[{"type":"text","content":"Atacama Copper Grants Options and RSUsVancouver, British Columbia--(Newsfile Corp. - March 10, 2023) - Atacama Copper Corporation (TSXV: ACOP) (\"Atacama Copper\" or the \"Company\") announces that it has granted 380,000 stock options (the \"Options\") and 130,000 restricted share units (the \"RSUs\") to eligible participants of the Company, pursuant to its Long Term Incentive Plan.The Options have an exercise price of $0.185 per common share (the 30-day volume weighted average price) and expire 5 years after the date of grant pursuant to the terms of the Company's Long Term Incentive Plan. The stock options and RSUs shall vest in three equal parts on the grant date, first anniversary and second anniversary of the grant date.The grant of Options and RSUs is a cost-effective way to compensate officers, employees and directors of the Company while providing equity incentives to more closely align their interests with those of the Company. The Options and RSUs are granted pursuant to equity compensation plans approved by the shareholders of the Company and the TSX Venture Exchange and are subject to the policies of the TSX Venture Exchange.About Atacama Copper CorporationAtacama Copper Corporation is a resource company focusing on acquiring, exploring, and developing copper properties in Chile and elsewhere in the Americas. It is committed to advancing the exploration and development of the Placeton and El Cofre projects while looking to increase its asset portfolio through the acquisition and development of other high-value copper exploration, development, and production opportunities. Atacama Copper's Placeton project is a large porphyry copper target located between the Relincho and El Morro Copper-gold deposits of the Nueva Union joint venture between Teck and Newmont Mining. Additional Information - Please ContactFor further information, please contact:Atacama Copper CorporationTim WarmanChief Executive Officer and DirectorEmail: [email protected] StatementsThis news release contains \"forward-looking information\" and \"forward-looking statements\" (collectively, \"forward-looking statements\") within the meaning of the applicable Canadian securities legislation. All statements, other than statements of historical fact, are forward-looking statements and are based on expectations, estimates and projections as at...

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