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PPX Mining Grants Equity-Based Awards to CEO Under Incentive Plan

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PPX Mining Grants Equity-Based Awards to CEO Under Incentive Plan

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PPX Mining ( (TSE:PPX) ) has provided an update.

PPX Mining Corp. has granted 1,167,567 deferred share units and 778,378 restricted share units to its President and CEO, Ernest Mast, under its shareholder-approved 10% rolling equity incentive plan. The awards, which vest over a multi-year period and convert into common shares upon vesting, underscore the company’s use of equity-based compensation to align executive incentives with long-term shareholder interests and to support management retention as it advances its Peruvian gold and silver operations.

More about PPX Mining

PPX Mining Corp. is a Canadian-based mining company with assets in northern Peru, focused on its 100%-owned Igor gold and silver project located in the prolific Northern Peru gold belt in eastern La Libertad Department.

Average Trading Volume: 237,841

Technical Sentiment Signal: Buy

Current Market Cap: C$325.6M

For detailed information about PPX stock, go to TipRanks’ Stock Analysis page.

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