Western Uranium & Vanadium Corp announced significant securities transactions including the CEO's acquisition of common shares and the grant of stock options to key individuals.
Despite a decrease in ownership percentage, CEO George Glasier shows confidence in the company's future by increasing his stake in Western.
The stock options grant to officers, directors, and employees highlights Western's commitment to incentivizing key personnel for long-term growth.
CEO Purchase of Common Shares
CEO George Glasier acquired 100,000 common shares at CA$0.48 per share, increasing his ownership to 7.0%.
Vested Stock Options
George Glasier also holds options for 1,067,647 common shares, potentially reaching 8.4% ownership if all options are exercised.
Stock Options Grant
Western granted 1,350,000 stock options to key personnel at an exercise price of CA$0.90, vested in three instalments over five years.
- Western's CEO, George Glasier, increased his common share ownership despite a decrease below 10%, signaling his commitment to the company's future.
- The grant of 1,350,000 stock options to officers, directors, and employees shows Western's dedication to incentivizing key individuals for company growth.
Western Uranium & Vanadium Corp is strategically expanding its ownership and granting stock options to key personnel, indicating confidence in the company's growth prospects.