DIOS EXPLORATION INC. (TSX VENTURE:DOS) reports that, following yearly Planning,
an aggregate 950,000 incentive stock options was granted yesterday under Stock
Option Incentive Plan to directors, officers and employees at an exercise price
of $0.30 per share. Of these options, an aggregate 820,000 options have been
granted to the Company's directors and officers. The options expire five (5)
years from the date of grant, vest quarterly over an 18-month period, and are
subject to the required four (4) month hold period and other applicable
regulatory approvals. 


A major exploration budget is also planned for the coming year to be incurred on
wholly-owned projects such as $920,000 for niobium and rare earths on Shipshaw,
$600,000 for gold on AU33, $400,000 for gold and diamonds on 33 Carats and
$300,000 for silver and IOCG on Hotish, mainly. DIOS is in a good financial
position with its 3.2 M$ non-flow through working capital to pursue its
exploration programs. DIOS focuses on its high potential research programs,
without incurring any share capital dilution in the short term, to ensure some
sort of upside leverage in case of discovery. DIOS has only some 38.4 million
shares and no warrants outstanding.


Dios Exploration (TSXV:DOS)
Historical Stock Chart
From Aug 2024 to Sep 2024 Click Here for more Dios Exploration Charts.
Dios Exploration (TSXV:DOS)
Historical Stock Chart
From Sep 2023 to Sep 2024 Click Here for more Dios Exploration Charts.