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Mining

Mawson Resources grants options to buy 4.62mln shares

Mawson Resources shares rocketed by more than 10% on Monday after the company said it had granted stock options to its directors, officers, employees and consultants to purchase up to an aggregate of 4.62 million common shares

Mawson Resources Ltd. (TSE:MAW) shares rocketed by more than 10% on Monday after the company said it had granted stock options to its directors, officers, employees and consultants to purchase up to an aggregate of 4.62 million common shares.

They come at an exercise price of 35 cents per common share for a period of three years.

Mawson shares were up 11.6% at C$0.48 on Monday.