Business
Grant of New Options and Directors' Dealings
Grant of New Options and Directors' Dealings.
About this update from Guardian Metal Resources Plc
[{"type":"text","content":"\n\n \nGolden Metal Resources plc\n('Golden Metal' or the 'Company')\n \nGrant of New Options and Directors' Dealings\n \nGolden Metal Resources plc (LON:GMET/OTCQB:GMTLF), a strategic mineral exploration and development company focused on Nevada, US, announces that it has granted options over 3.9 million new ordinary shares of 1 pence each in the Company (\"Ordinary Shares\"), representing approximately 4.6 per cent. of the existing issued share capital of the Company, to certain Directors, employees and advisors to subscribe for new Ordinary Shares at an exercise price of 14p with a life to expiry of 3 years from 22 December 2023 with an immediate vesting period (the \"New Options\").\nFurther details on the grant of the New Options are provided below and recognise the contribution made by the team to the rapid development of the Company and the strategic current value of its broad-spectrum natural resource focused exploration and development portfolio.\n2.5 million of the New Options have been granted to Golden Metal board directors (the \"Director Options\"). The Director Options, along with a summary of existing options held are outlined in the table below:\nDirector Options Granted\n\n\n\n\nDirector\n\n\nExisting options\n\n\nNew Options granted\n\n\nExercise price (p) of New Options\n\n\nExpiry date of New Options\n\n\nTotal options following award of New Options\n\n\n\n\nOliver Friesen\n\n\n2,104,859\n\n\n500,000\n\n\n14p\n\n\n21.12.26\n\n\n2,604,859\n\n\n\n\nDavid Ovadia\n\n\n\n\n\n500,000\n\n\n14p\n\n\n21.12.26\n\n\n500,000\n\n\n\n\nJ.T. Starzecki\n\n\n\n\n\n500,000\n\n\n14p\n\n\n21.12.26\n\n\n500,000\n\n\n\n\nMark Burnett\n\n\n\n\n\n500,000\n\n\n14p\n\n\n21.12.26\n\n\n500,000\n\n\n\n\nMick Billing\n\n\n\n\n\n500,000\n\n\n14p\n\n\n21.12.26\n\n\n500,000\n\n\n\n\nTotal\n\n\n2,104,859\n\n\n2,500,000\n\n\n \n\n\n \n\n\n4,604,859\n\n\n\n\n \nA new pool totalling 1.4 million New Options has been granted to Golden Metal employees and advisors, to be allocated in line with the Board's instructions to non-Board team members, and with the same terms as the Director Options above.\n \nPDMR DISCLOSURE\nThe notifications below, made in accordance with the requirements of the EU Market Abuse Regulation, provide further detail on the director's share dealing.\n \n\n\n\n\n1\n \n\n\nDet...