Stuhini Exploration Grants Stock Options to Boost Operations
Company Approves 1.76 Million Stock Options for Directors and Employees
VANCOUVER, BC, Jan. 14, 2025 /CNW/ – Stuhini Exploration Ltd. (“Stuhini” or the “Company“) (TSXV:STU and OTCQB: STXPF) has announced that its board of directors has authorized the granting of stock options, allowing directors, officers, employees, and consultants to purchase a total of 1,765,000 common shares at an exercise price of $0.12 per share. These options will be valid for a term of 36 months, expiring on January 14, 2028. The grants will vest in increments of 25% every six months, with complete vesting occurring by January 14, 2027, contingent upon the terms and conditions of the Company’s Stock Option Plan. Finalization of these grants depends on regulatory approvals.
About Stuhini Exploration Ltd.
Stuhini is a mineral exploration company dedicated to discovering and developing precious and base metals properties across western Canada and the southwest United States. Among its properties are the flagship Ruby Creek Property, located 14 km east of Atlin, BC; the Que Project, situated 70 km north of Johnson’s Crossing, Yukon; the South Thompson Nickel Project, positioned 35 km northwest of Grand Rapids, Manitoba; the Big Ledge Property, found 57 km south of Revelstoke, BC; the Red Hills Project located in northeast Nevada; the Jersey Valley Project in northwest Nevada; and the Lindsay Project in southeast Arizona.
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SOURCE Stuhini Exploration Ltd.
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