West Red Lake Gold Mines Ltd. has granted stock options, RSUs, and DSUs to officers and directors. Stock options totaling 4,839,269 will vest over three years, while 2,845,503 RSUs and 594,594 DSUs were also granted. The options have an exercise price of $1.10 and a 5-year period for exercise. The RSUs and DSUs will vest over a three-year period. The grant is subject to regulatory approval from the TSX Venture Exchange. West Red Lake Gold Mines Ltd. is a development company focused on its Madsen Gold Mine in Ontario’s Red Lake district, which has a rich history of gold production.
Read more at GlobeNewswire: West Red Lake Gold Grants Equity Incentive Awards
