on Gabriel Resources Ltd. (CVE:GBU)
Gabriel Resources Proposes New Stock Option Plan
Gabriel Resources Ltd. has announced a new 20% fixed stock option plan to replace its existing one. The adoption of this Plan is pending approval at the company's annual and special meeting on December 18, 2025. Shareholders will vote in accordance with TSX Venture Exchange policies.
The company has also allocated 38,656,240 incentive stock options to select directors and officers, exercisable at $0.075 per share over five years. These options, which vest six months post-grant, require shareholder approval at the upcoming meeting.
Further details and the Plan will be included in the meeting materials distributed around November 21, 2025. Approvals from disinterested shareholders and final Exchange acceptance are essential for this proposal to advance.
R. P.
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