Tin concentrate producer Alphamin Resources has granted stock options to directors, officers and employees and the company’s subsidiaries under its stock option plan to acquire an aggregate 9.88-million common shares.
Each option is exercisable for a seven-year period to acquire one common share at a price of C$0.20. The options granted vest over a period between three and four years from the date of grant.
Alphamin operates the Mpama North tin mine, in the Democratic Republic of the Congo.