02:22:51 EDT Sat 19 Jul 2025
Enter Symbol
or Name
USA
CA



Sun Summit Minerals Corp (2)
Symbol SMN
Shares Issued 90,040,803
Close 2025-01-31 C$ 0.16
Market Cap C$ 14,406,528
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Sun Summit Minerals grants options, RSUs

2025-01-31 20:10 ET - News Release

Mr. Brian Lock reports

SUN SUMMIT ANNOUNCES STOCK OPTION AND RSU GRANT

Sun Summit Minerals Corp. has granted 500,000 stock options and 200,000 restricted share units (RSUs) of the company to the company's chief executive officer and a director of the company. Each stock option entitles the holder to acquire one common share of the company at an exercise price of 16 cents per share until Jan. 31, 2028. The stock options were issued pursuant to the terms of the company's stock option plan. The stock options granted vest every three months over the three-year term. The RSUs have a vesting period of 24 months, with 50 per cent vested after 12 months. Once vested, each RSU entities the holder to acquire one common share of the company. The RSUs were issued pursuant to the terms of the company's restricted share unit plan.

About Sun Summit Minerals Corp.

Sun Summit Minerals is a mineral exploration company focused on expansion and discovery of district-scale gold and copper assets in British Columbia. The company's diverse portfolio includes the JD project in the Toodoggone region of north-central British Columbia and the Buck project in central B.C.

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