on Strategic Metals Ltd. (isin : CA8627591073)
Strategic Metals Ltd. Announces New Management Appointment and Stock Options Grant
Strategic Metals Ltd., a Vancouver-based mineral exploration company, has recently announced the appointment of Jackson Morton as Vice President of Exploration. Morton, a seasoned geologist with extensive experience in mineral exploration across North America, brings over a decade of experience to his new role at Strategic. His prior role was as a senior geologist with Archer, Cathro & Associates (1981) Limited.
In addition to Morton's appointment, Strategic Metals also disclosed the grant of incentive stock options to its Directors, Officers, employees, and consultants. This grant allows for the purchase of up to 2,950,000 common shares at a price of $0.19 per share, valid for a period of five years, with a quarterly vesting schedule starting three months from the date of grant.
Doug Eaton, the CEO of Strategic Metals, expressed confidence in Morton's abilities, emphasizing his deep knowledge of Yukon geology and familiarity with Strategic’s projects. Eaton highlighted Morton's expected contributions to the company’s strategy in finding optionors and purchasers for its exploration projects, maintaining financial strength, and expanding its royalty holdings.
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