Workflow
Blackrock Silver Announces Grant of Long-term Incentive Awards
BRCBrady (BRC) Newsfile·2025-01-18 01:46

Core Points - Blackrock Silver Corp. has granted a total of 640,286 performance share units (PSUs), 89,286 deferred share units (DSUs), and 1,320,307 stock options to directors, management, and consultants as part of its Omnibus Equity Incentive Compensation Plan [1] - Each stock option allows the purchase of one common share at an exercise price of $0.43, vesting one-third on each of the first three anniversaries of the grant date, expiring on January 17, 2030 [2] - PSUs will vest one-third on each of the first three anniversaries of the grant date, contingent on achieving specific corporate and individual performance criteria [3] - DSUs will fully vest on the first anniversary of the grant date, settling upon the termination of service with the company [4] Company Overview - Blackrock Silver Corp. is a junior precious metal exploration and development company focused on adding shareholder value, backed by gold and silver resources [6] - The company has a 100% controlled portfolio of properties in Nevada, featuring low-sulphidation, epithermal gold and silver mineralization along the Northern Nevada Rift and the Walker Lane trend [6]