Discovery Silver Corp T.DSV

granting options at 2.05????

[Ironmask1]

Filing Date	Transaction Date	Insider Name	Ownership Type	Securities	Nature of transaction	Volume or Value	Price
Jan 19/25	Jan 5/22	Gemmell, Forbes	Direct Ownership	Options	50 - Grant of options	500,000	$2.05

[Ironmask1]

Maybe a Pending Announcement? If the company anticipates significant value creation from upcoming developments, the premium exercise price may reflect the expected future valuation. • Demonstrating High Insider Confidence: An insider agreeing to accept options at such a high premium might aim to demonstrate strong confidence in the company’s future prospects.????  

[ASLKJaskjAS]

Can you please provide a link to where you saw this?

[Ironmask1]

My TWS trading software alerted me but you can also check: https://ceo.ca/insiders-dashboard?symbol=DSV https://ceo.ca/dsv

[Ironmask1]

  SEDI Insider Filings Updated At: 2025-01-19 18:09:60 Issuer Name: Discovery Silver Corp. Insider Name: Gemmell, Forbes Stock Symbol: DSV Issuer Number: 00007580 Date of filing: 2025-01-19-11

[chuck8]

So what does this mean....that he can buy up to 500,000 shares within the next 2 years for $2.05, right???

[ASLKJaskjAS]

What I don't get is why the transaction date is January 2022

[Ironmask1]

Forbes Gemmell became an insider of Discovery Silver Corp. on January 6, 2020, when he was appointed as Vice President of Corporate Development and Investor Relations.   

[Ironmask1]

Not quite. Here’s what the details mean: 1. Grant of Options: Forbes Gemmell was granted 500,000 options on January 5, 2022. • Options give him the right (but not the obligation) to buy 500,000 common shares of Discovery Silver Corp. 2. Exercise Price: The price to exercise these options is $2.05 per share. • This means he can purchase the shares at $2.05 each, regardless of the market price, as

[Ironmask1]

Profile  Forbes Gemmell is currently the Vice President-Corporate Development at Discovery Silver Corp. He previously worked as the President, CEO & Head-Investor Relations at G2 Goldfields, Inc. from 2012 to 2016. Forbes also held the position of Vice President-Corporate Development at Guyana Goldfields, Inc. Prior to that, he worked as a Research Associate at CIBC World