<p>Spartan Metals Corp. has announced the approval of new equity incentive plans, including a 10% rolling stock option plan and a share unit plan, following a recent shareholder meeting. Under these plans, the company can issue stock options, restricted share units (RSUs), and deferred share units (DSUs) to directors, officers, employees, and consultants. The stock option plan allows for grants up to 10% of the company’s outstanding shares, while the share unit plan is capped at 2,500,000 common shares. Recently, Spartan Metals granted a total of 1,850,000 stock options at an exercise price of $0.395 per share, vesting over five years, alongside 682,000 DSUs and 60,000 RSUs to eligible participants. Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Spartan Metals Corp. published the original content used to generate this news brief via TheNewswire (Ref. ID: 1Be9F2r6D) on January 23, 2026, and is solely responsible for the information contained therein. © Copyright 2026 - Public Technologies (PUBT)</p>

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<p>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.</p>

Reuters

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Spartan Metals Adopts New Equity Incentive Plans and Grants Stock Options and Share Units