The options have a four-year term from issuance date, with 50% of the total being exercisable at a price of 43 cents per share and the other 50% of the total being exercisable at 54 cents per share. The options will vest over a four-month period from the issuance date.
"In one transaction, Golden Arrow has leapfrogged into producer status overnight...," said Grosso.
Stefan Murphy discussed with investors gold assets and drilling programs.
Jon Price talked funding drilling program in world-class region with investors.