DLP Resources Inc. Announces Award Grants
TMX Newsfile·2026-01-06 14:04

Core Viewpoint - DLP Resources Inc. has announced the grant of incentive stock options, restricted share units, and deferred share units to its directors and officers as part of its Long-Term Incentive Plan [1][2]. Grant Details - The company has issued a total of 518,086 incentive stock options, 322,054 restricted share units, and 1,351,350 deferred share units to certain directors and officers [2]. - Each option is exercisable at an exercise price of $0.37 for a period of five years, with vesting occurring in three tranches: 1/3 immediately, 1/3 after one year, and 1/3 after two years [2]. - The restricted share units and deferred share units will also vest in a similar manner, with the RSUs vesting 1/3 immediately, 1/3 after one year, and 1/3 after two years, while the DSUs vest upon the holder ceasing to be an eligible person under the plan [2]. Company Overview - DLP Resources Inc. is a mineral exploration company focused on exploring for Copper, Base Metals, and Cobalt in Southern Peru and Southeastern British Columbia [3]. - The company is listed on the TSX-V under the symbol DLP, on the OTCQB as DLPRF, and on the FSE as J8C [3].