Cornish Metals Inc will issue 800,000 options over common shares to its chief development officer Fawzi Hanano.
The options have an exercise price of £0.18 per share, the same as those granted earlier in 2023 and the investment price paid by Vision Blue Resources in the £40.5 million fundraise in May 2022.
The granted options have a five-year term, expiring on 30 September 2028, with a three-year vesting period.