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Myriad Uranium Grants Stock Options and RSUs
MMacy's(M) Newsfile·2025-01-29 12:30

Core Points - Myriad Uranium Corp. has granted 225,000 incentive stock options and 1,095,000 restricted share units to its consultants, directors, and officers [1] - Each stock option is exercisable at 0.40forfiveyears,whiletheRSUsvestoverthreeyearswithconditionsforacceleratedvesting[1]Myriadholdsa750.40 for five years, while the RSUs vest over three years with conditions for accelerated vesting [1] - Myriad holds a 75% interest in the Copper Mountain Uranium Project in Wyoming, having earned a 50% interest to date [2] - The Copper Mountain Project has historical uranium deposits and mines, including the Arrowhead Mine, which produced 500,000 lbs of eU3O8 [2] - A recent drill program at Copper Mountain encountered significant high-grade uranium mineralization, exceeding expectations and verifying historical exploration [2] Company Overview - Myriad Uranium Corp. is focused on uranium exploration and has significant historical resource estimates from previous exploration efforts [2] - The company recently completed a 34-hole maiden drill program that revealed new potential for the Copper Mountain Uranium Project [2] - Union Pacific previously invested C117 million in exploring and developing the Copper Mountain area, indicating substantial historical interest and investment in the project [2]