Western Alaska Minerals Grants Stock Options and Restricted Share Units

Western Alaska Minerals Corp. has announced the granting of 1,095,000 stock options. Of these, 785,000 options are allocated to directors, officers, and an investor relations employee. Each option allows the purchase of one subordinate voting share at $0.45, valid for five years, and vests immediately.

The company has also distributed 75,000 restricted share units to certain employees and an officer. Each unit gives the right to receive one subordinate voting share upon vesting, which occurs one year from the grant date.

These moves are part of WAM’s continuous effort to incentivize its team and align interests with the company’s strategic objectives.