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Maple Gold Mines Ltd V.MGM

Alternate Symbol(s):  MGMLF

Maple Gold Mines Ltd. is a Canadian-advanced exploration company. It is focused on advancing the district-scale Douay and Joutel gold projects located in Quebec's prolific Abitibi Greenstone Gold Belt. In addition, the Company holds an option to acquire 100% of the Eagle Mine Property, a key part of the historical Joutel mining complex. The Douay Gold Project is located over 55 kilometers (km) southwest of Matagami and 130 km north of Amos, Quebec, by road. The Joutel Gold Project is 100% owned by the 50/50 Joint Venture (JV) between Maple Gold and Agnico Eagle Mines Limited (Agnico). Joutel Gold Project is located approximately 70 km southwest of Matagami and 125 km north of Amos, Quebec, by road. The Eagle Mine Property is a 77-hectare property located several kilometers west of the former mining town of Joutel in mining-friendly Quebec, Canada. Its Morris property is located approximately 30 km east-northeast of the town of Matagami, or over 110 km north-east from the Douay camp.


TSXV:MGM - Post by User

Comment by FiringLineon May 06, 2021 10:03am
128 Views
Post# 33139891

RE:Timing

RE:Timing
MaartenD wrote: But if you think that the reward will be bigger in the near future, within weeks, why exercise now.


You are mistaken. From the news release of March 4:

"The RSUs will vest 1/3 on April 30, 2021, 1/3 in 12 months and 1/3 in 24 months following the date of grant. Further details regarding the Plan are set out in the Management Information Circular of the Company filed on November 23, 2020, which is available on SEDAR."

This filing has nothing to do with any selling of shares. They haven't sold any.


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