Ucore Rare Metals (TSE:UCU) has released an update.
Ucore Rare Metals Inc. has announced the granting of incentive stock options and restricted share units to its team, alongside the extension and amendment of terms for its 2020 Convertible Debentures. The options and units aim to incentivize directors, officers, employees, and consultants, with an extended maturity date for debentures now set for January 31, 2026. These financial instruments come with revised conversion and exercise prices, which could potentially make them more attractive to holders.
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