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The latest announcement is out from Vizsla Royalties Corp ( (TSE:VROY) ).
Vizsla Royalties Corp. has announced the adoption of a new omnibus equity incentive compensation plan, replacing its existing stock option plan. This plan aims to align the interests of the company’s officers and employees with its growth objectives, linking compensation to long-term performance. The company has granted 2,800,000 performance share units to its team, which will vest contingent on meeting specific performance targets. This move is subject to approval from the TSX Venture Exchange and shareholders, with implications for enhancing employee motivation and retention, potentially impacting the company’s operational success and market positioning.
More about Vizsla Royalties Corp
Vizsla Royalties Corp. is a precious metals-focused royalty company with its principal asset being a Net Smelter Return Royalty on Vizsla Silver Corp.’s flagship Panuco Project in Mexico. Panuco is a significant silver and gold development project moving towards production, with a Preliminary Economic Study indicating substantial annual production and strong financial metrics.
YTD Price Performance: 16.67%
Average Trading Volume: 52,345
Technical Sentiment Signal: Strong Sell
For detailed information about VROY stock, go to TipRanks’ Stock Analysis page.