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Bullboard - Stock Discussion Forum Osino Resources Corp. V.OSI

Alternate Symbol(s):  OSIIF

Osino Resources Corp is a Canadian company, focused on the exploration and development of gold projects in Namibia. The company is focused on fast-tracking its flagship, Twin Hills Gold Project to development.

TSXV:OSI - Post Discussion

Osino Resources Corp. > News out after the bell
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Post by loonietunes on Dec 22, 2020 7:24pm

News out after the bell

How do I get free options again, just joking Merry Christmas to all the Lads!  Tough gig at the best of times  busy year coming up they earn all of it Enjoy!

 

Osino Resources grants options, RSUs to insiders

 

2020-12-22 17:24 ET - News Release

 

Mr. Heye Daun reports

OSINO RESOURCES GRANTS STOCK OPTIONS AND RESTRICTED SHARE UNITS

Osino Resources Corp. is granting stock options under its stock option plan. Directors may purchase an aggregate of 400,000 common shares of the company at an exercise price of $1.25 per share for a five-year term. The stock options were granted to directors of the company pursuant to the Osino stock option plan and the policies of the TSX Venture Exchange and vest over two years.

The company also announces the granting of an aggregate of 1,193,600 restricted share units (RSUs) to certain key executives of the company under the company's RSU plan pursuant to the policies of the exchange. Each RSU represents the right to receive, once vested, one common share in the capital of the company for every RSU held, or the cash equivalent thereof based on the fair market value of the shares of the company calculated in accordance with the terms of the RSU plan.

The granting of options and RSUs are subject to any necessary regulatory approvals and requirements of the exchange.

About Osino Resources Corp.

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