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Rio Silver corrects stock option exercise price to $0.35

Created at 3 Jun · 8:57 PM1 source
IN SHORT

Rio Silver Inc. corrected a typographical error in its stock option grant announcement. The exercise price for 1.15 million incentive stock options granted to directors and officers is now confirmed at $0.35 per share. The grant is pending TSX Venture Exchange approval.

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Key Numbers

1.15 millionincentive stock options granted
$0.35corrected exercise price per share

Who's Involved

Rio Silver Inc.
Company correcting stock option grant details

↳ Why This Matters

This correction clarifies the terms of stock options granted to company insiders, ensuring accurate valuation and preventing potential confusion for investors and regulatory bodies.

Key facts

  • Rio Silver Inc. corrected a typographical error in its stock option grant announcement.
  • The exercise price for 1.15 million incentive stock options is confirmed at $0.35 per share.
  • The options were granted to certain directors and officers.
  • The grant remains subject to TSX Venture Exchange approval.

Rio Silver Inc. announced a correction to its previously issued stock option grant details. The company clarified that the correct exercise price for an aggregate of 1.15 million incentive stock options, granted to certain directors and officers, is $0.35 per share. This correction addresses a typographical error in the initial announcement made on June 1, 2026. All other terms of the options, including the date of grant and the exercise period, remain unchanged. The stock option grant is still pending approval from the TSX Venture Exchange.

Frequently asked questions

Rio Silver Inc. corrected a typographical error regarding the exercise price of its stock options, changing it to $0.35 per share.

An aggregate of 1.15 million incentive stock options were granted to certain directors and officers.

No, there are no other changes to the stock options, including the date of grant and the exercise period.

The grant of the stock options remains subject to the approval of the TSX Venture Exchange.

What Happens Next

01Await approval of the stock option grant from the TSX Venture Exchange.

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How It Developed

3 Jun · 8:28 PM
Rio Silver Inc. corrected a typographical error in its June 1, 2026 stock option grant announcement, clarifying the exercise price is $0.35 per share.
Financial Post via PiQSuite

Sources

T1
Rio Silver Announces Correction to Stock Option Grantsm.piqsuite.com

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