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Vulcan Minerals Inc V.VUL

Alternate Symbol(s):  VULMF

Vulcan Minerals Inc. is a Canada-based precious and base metals exploration company, which is engaged in mineral exploration on properties in Newfoundland and Labrador. Its projects include Colchester, Gander Belt Gold, Red Cross Lake, South Voisey’s Bay, Carbonear and Atlas Salt. The Colchester Copper Gold Project is in north-central Newfoundland. The Gander Belt Gold Project extends approximately 100 kilometers from the north coast of Newfoundland to the south-central part of the island. The Red Cross Lake project is located in central Newfoundland and comprises 102 claims approximately 2,550 hectares. Its South Voisey’s Bay nickel-copper-cobalt project located in Labrador. The Project comprises three licenses containing a total of 30 claims. It also holds an interest in Atlas Salt Inc., which is carrying out a feasibility analysis on its Great Atlantic salt deposit in western Newfoundland, strategically located in the robust road de-icing market of eastern North America.


TSXV:VUL - Post by User

Post by lifegoesonon Jan 11, 2022 3:55pm
298 Views
Post# 34305323

Options just cut.

Options just cut.At least they cut the options at $0.30 and not lower..... does this now set the stage for good things to come...? At least these guys have paper for bathroom if it doesn't work out.

Vulcan Minerals grants 30-cent stock options

2022-01-11 15:48 ET - News Release

Mr. Patrick Laracy reports

VULCAN MINERALS INC. - GRANTS STOCK OPTIONS

Vulcan Minerals Inc. has granted 1.8 million director stock options exercisable at 30 cents for a period of 10 years and 300,000 employee and consultant stock options exercisable at 30 cents for a period of five years. Fifty per cent of the options vest immediately and 50 per cent vest on Dec. 31, 2022. The company has reserved 11,096,777 listed shares for issuance under its stock option plan, of which 7,375,000 options have been issued prior to the current issue.

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