Business
GR Silver Mining Issues Incentive Options
GR Silver Mining Issues Incentive Options Canada NewsWire VANCOUVER, BC ...
About this update from Gr Silver Mining Ltd.
[{"type":"text","content":"\n \n \n \n GR Silver Mining Issues Incentive 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 May 10, 2023\n \n \n /CNW/ -\n \n GR Silver Mining Ltd.\n \n (\"GR Silver Mining\" or the \"Company\") (TSXV: GRSL) (OTCQB: GRSLF) (FRANKFURT: GPE) – today announces that, pursuant to the Company's Omnibus Equity Incentive Plan, the Company has granted incentive stock options to purchase up to 1.05 million common shares (the \"Options\") to officers of the Company. The option grant is the result of the Company's annual compensation review, in addition to those granted on joining the Company. Subject to the provisions of the Company's Omnibus Equity Incentive Plan, 300,000 of the Options vest immediately and 750,000 of the Options will vest one-third on grant, one-third on the first anniversary of the grant, and one-third on the second anniversary of the grant. The Options are exercisable at\n \n $0.09\n \n per share for a period of five years from the date of grant and are subject to the policies of the TSX Venture Exchange.\n \n \n \n \n \n \n \n \n \n \n About\n \n \n the Plomosas Project\n \n \n The Plomosas Project, including the recent high-grade silver SE Area discovery in the San Marcial Area, is an emerging high-grade silver district located in southern\n \n Sinaloa, Mexico\n \n . The 43,187 ha Plomosas Project includes past-producing historical mining sites benefiting from previous mine infrastructure, road access and existing permits. The district contains intermediate to low sulphidation epithermal silver and gold mineralization hosted in hydrothermal breccias and veins. Recent success in exploration and drilling has delineated wide, high-grade, shallow hydrothermal breccias in the San Marcial Area, including the SE Area discovery, where initial drilling incorporated in the updated resource estimation for the Plomosas Project unveils an exploration opportunity for continuous resource growth.\n \n \n \n About GR Silver Mining Ltd.\n \n \n GR Silver Mining is a Canadian-b...