18:37:26 EDT Wed 01 May 2024
Enter Symbol
or Name
USA
CA



Adventus Mining Corp
Symbol ADZN
Shares Issued 369,721,569
Close 2024-01-26 C$ 0.27
Market Cap C$ 99,824,824
Recent Sedar Documents

Adventus grants options to acquire 5.4 million shares

2024-01-26 17:15 ET - News Release

Mr. Christian Kargl-Simard reports

ADVENTUS MINING ANNOUNCES GRANT OF STOCK OPTIONS AND RESTRICTED SHARE UNITS

Adventus Mining Corp. has granted an aggregate of 5.4 million incentive stock options under the company's share compensation plan to officers, employees and non-executive directors, with an exercise price of 27 cents per stock option, exercisable for a period of five years from the date of grant and vesting over three years.

The company has also awarded an aggregate of 3,035,000 restricted share units (RSUs) under the company's share compensation plan to officers, employees and non-executive directors. Each RSU represents a right to receive one common share of the company, following the vesting of such RSUs over a two-year period.

About Adventus Mining Corp.

Adventus Mining is an Ecuador-focused copper-gold exploration and development company. Adventus Mining is majority owner of the 215-square-kilometre Curipamba copper-gold project, which has a completed feasibility study on the shallow and high-grade El Domo deposit. In addition, Adventus Mining is engaged in a countrywide exploration alliance in Ecuador, which has incorporated the Pijili and Santiago copper-gold porphyry projects to date. Outside of Ecuador, Adventus Mining owns an exploration project portfolio in Ireland with South32 Ltd. as the financing participant. Its strategic shareholders include Altius Minerals Corp., Greenstone Resources LP, Wheaton Precious Metals Corp. and significant Ecuadorian shareholders. Adventus Mining is based in Toronto, Canada, and is listed on the TSX Venture Exchange under the symbol ADZN and trades on the OTCQX under the symbol ADVZF.

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