Emerita Resources Up Near 6%, Grants Options
04:40 PM EST, 02/05/2021 (MT Newswires) -- Emerita Resources Corp. (TSX-V: EMO; OTC: EMOTF) has granted a total of 3,900,000 stock options to various directors and officers, the company announced Friday after markets closed.
The Toronto-based company, which is focused on exploring for mineral resources in Spain, said the options were issued pursuant to its stock option plan. They are exercisable for five years from the date of grant at $0.18 per share, which was the company's closing price on the TSX Venture Exchange on Friday.
Its shares gained $0.01 or 5.88% in Friday trading to close at $0.18 per share, having doubled in value over the past 12 months.