Big Ridge Gold (TSE:BRAU) has released an update.
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Big Ridge Gold Corp. has issued 1.5 million stock options, 150,000 Restricted Share Units, and 1.8 million Deferred Share Units to its executives and directors, with various vesting schedules. The incentive stock options are exercisable at $0.06 per share until 2029, while the RSUs and DSUs have different vesting periods, with the DSUs being effective immediately. This move is part of the company’s strategy to align the interests of its management team and board with those of the shareholders and to incentivize the continued success of the company.
For further insights into TSE:BRAU stock, check out TipRanks’ Stock Analysis page.