I'm looking at the share price movement in the last couple of days...I realize RCF interest month started but I am wondering if this is not about Noront Stock options.
With the Fed budget delayed to early April (4wks away), and so much positive being spouted..I am wondering about timing for stock options..Now would be a good time to announce them before the price starts running up. Unless I missed the annoucement I didn't see any big options award in 2014 with the exception of those given to new hire Colin Webster. There was plenty in 2013 but not 2014 (unless I missed the NR).
I am wondering if this current trading activity could be about stock options.
2014
the Company's Board of Directors has granted an officer of the Company options to acquire an aggregate of 250,000 common shares of Noront with an exercise price of $0.59 per common share, the closing market price on the date of grant May 5, 2014, exercisable for a period of five years. The options were granted pursuant to Noront's stock option plan and are subject to all applicable regulatory and exchange approvals. (for Colin Webster)
2013
July 15, 2013) - Noront Resources Ltd. ("Noront" or the "Company") (TSX VENTURE:NOT) reports that the Board of Directors has granted options to acquire an aggregate of 4,850,000 common shares of Noront ("Common Shares") to directors, officers and employees, at an exercise price of $0.25 cents for a period of five years. The options were granted pursuant to Noront's stock option plan and are subject to regulatory approval.
"the Company's Board of Directors has granted options to acquire an aggregate of 3,620,000 common shares of Noront ("Common Shares") to directors, officers and employees, with an exercise price of $0.17 per Common Share, the closing market price on the date of grant December 10, 2013, exercisable for a period of five years"
