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WESTERN ALASKA MINERALS ANNOUNCES GRANTING OF OPTIONS
WESTERN ALASKA MINERALS ANNOUNCES GRANTING OF OPTIONS Canada NewsWire ...
About this update from Alaska Silver Corp
[{"type":"text","content":"\n \n \n \n WESTERN ALASKA MINERALS ANNOUNCES GRANTING OF 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 TUCSON, Ariz.\n \n \n ,\n \n \n May 20, 2022\n \n \n /CNW/ -\n \n Western Alaska Minerals Corp.\n \n (the \"Company\" or \"WAM\") (TSXV: WAM) is pleased to announce that it has granted options for 275,000 common shares at an exercise price of\n \n C$1.65\n \n for a period of five years of which 90,000 have been granted to non-executive Directors.\n \n \n \n \n \n \n \n \n \n \n About WAM\n \n \n \n WAM began trading as a Tier 1 company listed on the TSXV Venture Exchange (\"TSXV\") in\n \n November 2021\n \n , and maintains corporate offices in\n \n Alaska\n \n and\n \n Arizona\n \n . WAM has reassembled and fully controls all claims in the District, located in western\n \n Alaska\n \n near the Yukon River, covering 49,280 acres (77 square miles). The District was originally explored by Anaconda Minerals Co. in the early 1980's. Since 2010, WAM and its private precursor company, Western Alaska Copper & Gold Company, has been engaged in exploring and advancing its interests in the District and now controls a diversified portfolio of five deposits that contain gold, silver, copper, lead, and zinc.\n \n \n The Company currently has 18,800,520 common shares issued and outstanding and 238,643 proportional shares issued and outstanding. Each proportional share is convertible to 100 common shares at the request of the shareholder and in the discretion of the Company.  Because of these conversion rights, for market capitalization and financial analysis purposes, the Company believes it is appropriate to convert the proportional shares to common shares and add the product of the conversion to the current number of common shares outstanding.  When doing so, the sum of common shares (18,800,520) and converted proportional shares (23,864,300) equals 42,664,820 shares.  Further information regarding the Company's share structure is available upon request.\n \n \n On behalf of the Company\n \n \n \n \n \"Ki...