Royal Nickel Corp. RNKLF

Good news: SEDI:RNX Grant of rights

[pierreg]

Good news as SEDI:RNX  Rights Restricted Share Units 56 - Grant of rights : 2,155,185. Without the dilution concerns of options.

SEDI Rights Restricted Share Units 56 - Grant of rights. The following is a good explanation: «Restricted Share Units Many employers use restricted share units to both remunerate and incentivize future performance of employees. For cash-flush employers, in particular, RSUs where the employer promises to pay the recipient the cash equivalent to the value of a certain number of shares provide the advantages of equity based compensation, but without the dilution concerns of options. The recipient of an RSU receives a promise by the employer to grant the recipient shares or pay the recipient the cash equivalent to the value of shares. RSUs are thus often referred to as "phantom shares". As the recipient does not actually hold or own any shares in the company, they would not be permitted to vote or entitled to dividends. Certain plans, however, will provide for payments of additional RSUs commensurate with any dividends paid to shareholders. An RSU is typically seen as a more effective way of remunerating employees for past service performed, as its value is not contingent on the share price going above an exercise price. Unless the employer goes bankrupt (and its shares become worthless), the recipient of an RSU can generally expect to receive a positive benefit from their grant, subject to vesting conditions. »
https://www.airdberlis.com/insights/blogs/StartupSource/post/ss-item/many-options-overview-equity-compensation-incentives