Get as many of those 'free' shares, before the 'Take Out'.
Secova Metals grants options, 7M RSUs
2021-10-07 19:28 ET - News Release
Mr. Brad Kitchen reports
SECOVA ANNOUNCES GRANT OF STOCK OPTIONS AND RESTRICTED SHARE UNITS
Secova Metals Corp. granted stock options and restricted share units (RSUs) on Oct. 6, 2021, pursuant to the company's stock option plan and restricted share unit plan, respectively.
The company has granted an aggregate of 6.5 million options and seven million RSUs to certain directors, officers, employees and consultants of the company. The options granted are exercisable to purchase a common share in the capital of the company at a price of 15 cents per share, subject to vesting requirements. The RSUs shall vest in accordance to the prescribed period under the RSU plan. The option plan and RSU plan were approved by the shareholders of the company on Aug. 6, 2021.
The options, RSUs and any underlying shares will be subject to a four-month-and-one-day hold period pursuant to the policies of the Canadian Securities Exchange.