Vancouver, B.C. - TheNewswire - June 2, 2021 - Crest Resources Inc. (C NSX :CRES. CN ) (“Crest” or the “Company”) announces that it has issued to certain directors, officers, employees and consultants (the “Recipients”) an aggregate of 14,538,689 common shares in the capital stock of the Company as bonuses in relation to the increase in value and significant performance of the Company’s investments. The common shares issued are subject to a four month hold period expiring October 2, 2021.
The Company has also transferred an aggregate of 2,473,024 common shares in the capital stock of Exploits Discovery Corp., 2,000,000 common shares in the capital stock of Opawica Explorations Inc. and 2,000,000 common shares of Origen Resources Inc., all held by the Company, to the Recipients as bonuses. This is instead of the previous RSU plan that was approved by the shareholders at its Annual General Meeting held on December 3, 2020, and is in relation to the increase in value of the Company’s investments over the last fiscal year.