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Q Precious & Battery Metals ( (TSE:QMET) ) has issued an update.
Q Precious & Battery Metals Corp. has granted an additional 1,150,000 stock options to its directors, officers and consultants, exercisable at $0.075 for a two-year period, with 800,000 of those options allocated to company insiders. The move, which remains subject to Canadian Securities Exchange approval, further aligns management and key stakeholders with shareholder interests by expanding equity-based compensation.
The new option grants give CEO Richard Penn 500,000 options, while CFO and director Krystan Pineo and directors Kwaku Ashong and Mathieu Piche each receive 100,000 options. By bolstering insider ownership potential at a set exercise price, the company is reinforcing incentives for executives and advisers to drive corporate performance and advance its strategic objectives in the competitive battery and precious metals space.
More about Q Precious & Battery Metals
Q Precious & Battery Metals Corp. is a Vancouver-based company listed on the Canadian Securities Exchange, Frankfurt exchange and OTC markets under the symbols QMET, 0NB and BTKRF. The company operates in the precious and battery metals sector, focusing on mineral exploration and related activities aimed at supplying metals critical to both traditional and emerging energy industries.
Average Trading Volume: 592,017
Technical Sentiment Signal: Sell
Current Market Cap: C$9.18M
Learn more about QMET stock on TipRanks’ Stock Analysis page.