After PEA report: NILI to move to big board TSXProof:
PSUs The Company has issued PSUs to certain directors, employees, officers, and consultants of the Company.
As of the date of this report, the following tranches are outstanding:
Number of PSUs Outstanding Vesting Date
2,203,000 Tranche 1 - Completion of a resource calculation of the Company’s Nevada North Lithium Project in the form of a NI 43-101 technical report (completed) 2,203,000
Tranche 2 - Completion of a preliminary economic assessment of the Company’s Nevada North Lithium Project in the form of a NI 43-101 technical report 2,203,000
Tranche 3 - Upon the Company listing on a senior exchange, such as the TSX, after the first two performance goals have been reached 6,609,000
All tranches will vest no earlier than August 15, 2026.
You can look this up on sedar.com - MD&A filings of Nov 22, 2024
Good Luck,