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Orogen Royalties ( (TSE:OGN) ) has issued an announcement.
Orogen Royalties Inc. announced its annual equity compensation grant, which includes 324,000 Restricted Share Units, 62,000 Deferred Share Units, and 977,000 incentive Stock Options allocated to its directors, officers, employees, and consultants. This decision, made under their Omnibus Equity Incentive Compensation Plan, reflects Orogen’s strategic approach to incentivize its workforce while securing regulatory acceptance from the TSX Venture Exchange.
More about Orogen Royalties
Orogen Royalties Inc. is engaged in the business of creating and acquiring royalties on precious and base metal discoveries primarily in western North America. The company has a notable portfolio, including a 2% NSR royalty on the Ermitaño gold and silver mine in Mexico and a 1% NSR royalty on the Expanded Silicon gold project in Nevada. Orogen is financially stable and involved in several joint venture explorations.
YTD Price Performance: 11.85%
Average Trading Volume: 154,137
Technical Sentiment Consensus Rating: Sell
Current Market Cap: C$304.5M
For an in-depth examination of OGN stock, go to TipRanks’ Stock Analysis page.