AbraSilver Resource Corp. (ABBRF)

[ashy2classy]

Are these options being exercised?

Grant of Stock Options

AbraPlata announces that it has granted an aggregate of 10,400,000 incentive stock options ("Options") to purchase common shares to a number of officers, directors, and consultants under the Company's Stock Option Plan. The Options were granted on January8, 2020, with an exercise price of CAD$0.065per share. Each Option is exercisable for a period of five years from the date of the grant to purchase one common share. The Options vest over 24 months, with 25% of the options vesting in every six months. The Options were granted as part of the new Company's focus to a model with more emphasis on equity-linked compensation and reduced cash compensation.