
Adyton Grants Stock Options and RSUs
Newsfile Corp
公開日時: Sep 26, 2026, 07:00 AM GMT+9
Sentiment Analysis
Adyton Resources Corporation (TSXV: ADY) (OTCQB: ADYRF) (FSE: 701) ("Adyton" or the "Company") announces that its Board of Directors has approved the grant of stock options and restricted share units ("RSUs") under the Company's equity incentive plans.
The Company has granted an aggregate of 11,150,000 stock options and 2,300,000 restricted share units (each an "RSU") to certain directors, officers, employees and a consultant of the Company.
The stock options have been granted under the Company's Amended and Restated Stock Option Plan (the "Option Plan"). Each option entitles the holder to acquire one common share at an exercise price of C$0.50 for a three-year period expiring on September 25, 2029. The options are subject to the vesting requirements of the Option Plan and the applicable option agreements, including a 12-month continuous service requirement, with qualifying prior service credited toward that requirement. Any common shares acquired on exercise of the options will be subject to a contractual resale restriction for a period of 12 months.
The RSUs have been granted under the Company's Amended and Restated Non-Option Omnibus Incentive Plan (the "Omnibus Plan"). Each RSU entitles the holder to settlement in common shares and/or cash in accordance with the provisions of the Omnibus Plan. The RSUs have a scheduled vesting date of September 25, 2027, subject to the applicable continuous service requirements, and are also subject to a performance criterion requiring the 30-day volume weighted average price of the Company's common shares on the TSX Venture Exchange to equal or exceed C$0.50 at any time on or after September 25, 2026 and prior to the expiry of the applicable restriction period on December 31, 2029. The RSUs may not vest prior to September 25, 2027. Any common shares issued on settlement of the RSUs will be subject to a contractual resale restriction for a period of 12 months.
Adyton Resources Corporation is focused on the development of gold and copper resources in world class mineral jurisdictions. It currently has a portfolio of highly prospective mineral exploration projects in Papua New Guinea on which it is exploring to expand its identified gold Inferred and Indicated Mineral Resources and expand on its recent significant copper drill intercepts on the 100% owned Feni Island project.
The Company's mineral exploration projects are located on the Pacific Ring of Fire on easy to access island locations which hosts several globally significant copper and gold deposits including the Lihir gold mine and Panguna copper/gold mine on Bougainville Island, both neighboring projects to the Company's Feni Island project.
Adyton has a total Mineral Resource Estimate inventory within its PNG portfolio of projects comprising indicated resources of 441,000 ounces gold and inferred resources of 2,086,000 ounces gold.
The Feni Island Project currently has a mineral resource prepared in accordance with NI 43-101 dated October 14, 2021, which has outlined an initial inferred mineral resource of 60.4 million tonnes at an average grade of 0.75 g/t Au, for contained gold of 1,460,000 ounces, assuming a cut-off grade of 0.5 g/t Au.
Source: Newsfile Corp
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