They just did the IPO back in March and one has to think that the managment had already loaded up before with a private placement now 3 months later they load up the exectuive and staff with more stock options. Smells pretty fishy to me.
Raging River Grants Stock Options
Raging River Exploration Inc. has granted 6.20 million stock options to directors, officers, employees and consultants of the company at an exercise price of $1.90.
The stock options have been granted pursuant to Raging River’s 10 per cent rolling stock option plan and will expire five years from the date of grant.
One-third of the options granted will vest on each of the first, second and third anniversaries of the date of grant. Subsequent to this stock option grant, Raging River will have a total of 6.20 million stock options outstanding.