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Metallis Resources ( (TSE:MTS) ) has shared an announcement.
Metallis Resources Inc. has announced the adoption of its Amended and Restated 2024 Security-Based Compensation Plan, which was approved by disinterested shareholders at the company’s recent annual and special meeting. The new plan replaces the 2023 Stock Option Plan and introduces a dual-component structure, comprising a rolling stock option component and a fixed restricted share unit (RSU) component. The stock option component allows for the issuance of up to 10% of the company’s issued and outstanding shares, while the RSU component reserves 1,500,000 RSUs. This plan aims to enhance Metallis’ compensation strategy by offering flexibility and aligning with market practices, potentially impacting the company’s operations and stakeholder interests positively.
More about Metallis Resources
Metallis Resources Inc. is a Vancouver-based company focused on the exploration for gold, copper, and silver on its flagship 100%-owned Kirkham Property in Canada, situated in northwest British Columbia’s Golden Triangle, and on the Greyhound Property, a gold/silver/antimony target in Idaho, USA. Metallis trades under the symbols MTS on the TSX Venture Exchange, MTLFF on the OTCQB Exchange, and 0CVM on the Frankfurt Stock Exchange, and has 85,580,003 common shares outstanding.
Average Trading Volume: 131,125
Technical Sentiment Signal: Buy
Current Market Cap: C$38.42M
For an in-depth examination of MTS stock, go to TipRanks’ Overview page.