Nicola Mining grants options, RSUs
2025-12-04 17:33 ET – News Release
Mr. Peter Espig reports
NICOLA MINING ANNOUNCES GRANT OF STOCK OPTIONS AND RESTRICTED SHARE UNITS
Nicola Mining Inc. has granted stock options and restricted share units (RSUs) to certain directors, officers, employees and consultants. The company granted an aggregate of 2.85 million options to directors, officers, employees and consultants, with an exercise price of $1, expiring five years from the date of grant. The options vest immediately. In addition, the company granted an aggregate of 1,015,000 RSUs to directors, officers, employees and consultants. The RSUs vest on Jan. 1, 2027. The stock options and RSUs were granted in accordance with the company’s equity incentive plan. All of the stock options and RSUs granted to directors, officers and consultants are subject to the TSX Venture Exchange hold period of four months and one day from the date of grant.
About Nicola Mining Inc.
Nicola Mining is a junior mining company listed on the TSX Venture Exchange and Frankfurt Stock Exchange that maintains a 100-per-cent-owned mill and tailings facility, located near Merritt, B.C. It has signed mining and milling profit share agreements with high-grade gold projects. Nicola’s fully permitted mill can process both gold and silver mill feed via gravity and flotation processes.
The company owns 100 per cent of the New Craigmont project, a high-grade copper property, which covers an area of over 10,800 hectares along the southern end of the Guichon batholith and is adjacent to Highland Valley copper, Canada’s largest copper mine. The company also owns 100 per cent of the Treasure Mountain property, which includes 30 mineral claims and a mineral lease, spanning an area exceeding 2,200 hectares.
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