Blackrock Silver Corp. (TSXV: BRC) has granted a significant number of incentive awards to its directors, management, and consultants, aligning with its Omnibus Equity Incentive Compensation Plan. These awards comprise 469,811 performance share units (PSUs), 150,944 deferred share units (DSUs), and 954,797 stock options.
Details of the Incentive Awards
The granted stock options allow the holder to acquire a common share at $0.275 each, vesting over three years and expiring in 2029. PSUs provide for shares or cash based on performance, vesting over three years. DSUs will convert into common shares one year post-grant. These initiatives reinforce the company’s commitment to performance and growth.
About Blackrock Silver Corp.
Backed by significant precious metal resources, Blackrock aims to enhance shareholder value through diligent exploration. The company boasts a strong position in Nevada, with notable projects like Tonopah West and Silver Cloud, demonstrating a continuous pursuit of discovery and development.
Disclaimer:
The content presented on this page has not been manually verified by our team. While we strive to ensure accuracy, we cannot guarantee the validity, completeness, or timeliness of the information provided. Always consult with appropriate professionals or sources before making any decisions based on this content.
The image is randomly selected and doesn’t necessarily represent the company or the news below.