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An update from Electric Metals ( (TSE:EML) ) is now available.
Electric Metals (USA) Limited announced the grant of 310,845 Deferred Share Units (DSUs) to non-executive members of its Board of Directors as part of its Omnibus Equity Incentive Plan. This move aligns the interests of the directors with those of the shareholders and underscores the company’s commitment to advancing its strategic projects, particularly the North Star Manganese Project, which is crucial for the U.S. supply chain in the electric vehicle and technology sectors.
More about Electric Metals
Electric Metals (USA) Limited is a U.S.-based critical minerals company focused on advancing manganese and silver projects to support the clean energy transition. Its principal asset is the North Star Manganese Project in Minnesota, which is the highest-grade manganese deposit in North America. The company aims to establish a fully domestic U.S. supply of high-purity manganese products for the North American electric vehicle battery, technology, and industrial markets.
Average Trading Volume: 225,579
Technical Sentiment Signal: Strong Buy
Current Market Cap: C$70.2M
Learn more about EML stock on TipRanks’ Stock Analysis page.