sur Tocvan Ventures Corp (CVE:TOC)
Tocvan Ventures Corp. Announces Stock Options Grant
Tocvan Ventures Corp. has granted 2,750,000 stock options to directors, officers, and consultants according to the company's equity incentive plan. These options are exercisable at $0.79 per share, with a five-year expiration. Two-thirds of these options, issued to directors and officers, will vest over one year, while the rest, allotted to consultants, vest immediately. Additionally, Tocvan has granted 900,000 restricted share units to select leaders and consultants, set to vest in 12 months. These grants await approval from the Canadian Securities Exchange.
This development marks Tocvan's continued focus on leveraging its gold and silver projects in Sonora, Mexico. Exploiting the high potential Gran Pilar Gold-Silver Project and Picacho Gold-Silver Project, the company aims to boost shareholder value amid favorable market conditions.
R. E.
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