Core Viewpoint - Sable Resources Ltd. has received near unanimous approval from shareholders for a new omnibus equity incentive plan, which aims to provide more flexibility compared to previous plans [1][2]. Group 1: Equity Incentive Plan - The new Equity Incentive Plan allows the company to grant options, restricted share units, performance share units, and deferred share units, offering greater flexibility than the Legacy Plans [2]. - The plan is a rolling plan, with a maximum issuance limit of 10% of the company's issued and outstanding common shares at the time of grant [2]. - The Legacy Plans will continue to govern outstanding options and restricted share units previously granted, but no new awards will be issued under those plans [3]. Group 2: Company Overview - Sable Resources Ltd. is a well-funded junior grassroots explorer focused on discovering Tier-One precious metal and copper projects in established mining jurisdictions [4]. - The company is actively exploring a large portfolio of new Greenfields projects, including the San Juan Regional Program in Argentina and several properties in British Columbia [4].
Sable Announces Adoption of New Equity Incentive Plan
Globenewswire·2025-12-05 22:00