on Tsodilo Resources Limited (isin : CA8985301008)
Tsodilo Resources Grants 400,000 Stock Options
Tsodilo Resources Limited has announced the granting of 400,000 stock options to its officers, senior employees, and advisors. This grant will take effect on January 1, 2025. The options are set at a price of CDN $0.16 per common share. The company has planned a vesting schedule in four equal parts from January 2025 to July 2026.
Each option remains valid for five years, aligning with strategies ratified by Tsodilo's board back in 2002. This move, while strategic, comes with potential fluctuations due to market conditions, regulatory changes, and country-specific political shifts, notably in Botswana where Tsodilo's key projects are located. Investors are advised to consider these risks before making decisions based on these forward-looking statements.
R. E.
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