Spartan Metals Adopts New Equity Incentive Plans and Grants Stock Options and Share Units
Spartan Metals Corp. has approved new equity incentive plans, including a 10% rolling stock option plan and a share unit plan, following a shareholder meeting. The stock option plan allows grants up to 10% of outstanding shares, while the share unit plan is capped at 2,500,000 common shares. Recently, the company granted 1,850,000 stock options at $0.395 per share, along with 682,000 DSUs and 60,000 RSUs to eligible participants.
