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North Shore Uranium Ltd NSU


Primary Symbol: V.NSU

North Shore Uranium Ltd. is a Canada-based company, which is engaged in the exploration for uranium deposits at the eastern margin of Saskatchewan’s Athabasca Basin. The Company conducts its exploration programs on its two properties, the Falcon Property and the West Bear Property. The Falcon Property is located approximately 35-kilometer (km) east of the former Key Lake Mine and the active Key Lake uranium mill which processes ore from the McCarthur River Mine. The West Bear property consists of five mineral claims totaling 4,511 hectares located at the eastern edge of the Athabasca Basin which hosts two producing uranium mines.


TSXV:NSU - Post by User

Post by tony1969on Nov 22, 2016 10:21am
208 Views
Post# 25494941

NSU employee stock options....

NSU employee stock options....
As of Dec 2015 there were 12,893,833 employee stock options issued ranging from $3.14 to $6.37 Canadian per share. Considering they can issue up to 10% of their outstanding stock (300 million shares) in options I believe they can issue up to another 17 million options. I went back and checked and I see that they do not issue the max but I do expect them to issue a good bit more before they prove up Timok....
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