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Bullboard - Stock Discussion Forum Vulcan Minerals Inc VULMF


Primary Symbol: V.VUL

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... see more

TSXV:VUL - Post Discussion

Vulcan Minerals Inc > Options just cut.
View:
Post by lifegoeson on Jan 11, 2022 3:55pm

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.

Comment by silentrunning on Jan 11, 2022 5:12pm
Are these options strictly for VUL or are there $SALT bits intertwined within or would that have to be a differently worded statement? Tnx
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