on Strategic Metals Ltd. (CVE:SMD)
Strategic Metals Ltd. Issues Incentive Stock Options
On June 2, 2025, Strategic Metals Ltd. (TSXV:SMD) announced the issuance of incentive stock options. These options allow directors, officers, employees, and consultants to purchase up to 1,000,000 common shares. The exercise price is set at $0.19 per share for a duration of five years. Options will vest quarterly, starting three months post-grant.
Strategic Metals Ltd. focuses on project generation, with 16 royalty interests and 12 projects under option. The company manages 83 wholly owned projects resulting from over 50 years of exploration. The company maintains a cash position of approximately $1.2 million. It also holds significant shares in Broden Mining Ltd., GGL Resources Corp., and others, and owns a stake in Terra CO2 Technologies Holdings Inc., which works on a cement alternative.
R. H.
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