Cornish Metals Inc. granted 2.5M stock options to its CEO at £0.085 per share for the South Crofty tin project.

Cornish Metals Inc. granted 2,500,000 stock options to CEO Don Turvey at £0.085 per share, with a five-year term and a three-year vesting period. This increases total options granted to 29,450,000, or 5.50% of issued share capital. The company is focused on its fully permitted South Crofty tin project in the UK, which is projected to yield 4,700 tonnes of tin annually, with a life-of-mine cost of US$13,660 per tonne.

October 22, 2024
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