Equity incentive plan
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MiniLuxe Announces Approval of Amendments to Equity Incentive Plan
Globenewswire· 2026-01-05 12:15
Core Viewpoint - MiniLuxe Holding Corp. has amended its equity incentive plan, transitioning from a rolling 10% plan to a fixed plan of up to 20%, increasing the number of shares available for issuance to 33,493,526 shares, which represents 20% of the total subordinate and proportionate voting shares outstanding as of the implementation date of the amended plan [1]. Group 1 - The amended equity incentive plan was approved by shareholders on November 20, 2025 [1]. - The new plan allows for a fixed issuance of shares, enhancing the company's ability to attract and retain talent [1]. - The total number of shares available under the amended plan is 33,493,526, which is a significant increase from the previous rolling plan [1]. Group 2 - MiniLuxe is a lifestyle brand focused on clean nail care and ethical services, aiming to transform the self-care and nail care industry [3]. - The company has performed over 4 million services since its inception, emphasizing high-quality and hygienic practices [3]. - MiniLuxe seeks to empower a diverse workforce through professional development, economic mobility, and ownership opportunities [3].
Fountain Asset Corp. Announces Grant of Restricted Share Units
Globenewswire· 2025-12-15 22:00
Company Announcement - Fountain Asset Corp. has approved the granting of 1,550,000 restricted share units (RSUs) to certain directors and officers, pending TSXV approval [1] Company Overview - Fountain Asset Corp. operates as a merchant bank providing equity financing, bridge loan services, and strategic financial consulting across various industries including marijuana, oil & gas, mining, real estate, manufacturing, retail, financial services, and biotechnology [2]
Magna Mining Announces Appointment of Greg Huffman to Senior Vice President, Capital Markets
Newsfile· 2025-09-17 11:00
Group 1 - Magna Mining Inc. announced the appointment of Greg Huffman as Senior Vice President, Capital Markets, effective September 17, 2025 [1] - CEO Jason Jessup expressed confidence in Huffman's ability to enhance the company's visibility and support its growth, highlighting his previous role as a Strategic Advisor [2] - Huffman has a strong background in capital markets, having served as CEO of Nuclear Fuels Inc. and held significant positions in mining equity sales and research [2] Group 2 - The company granted 800,000 options to purchase common shares at a strike price of $2.69, with vesting contingent on time and share price performance conditions [3] - The options will vest after 36 months if the company's share price reaches at least $5.00 for 20 consecutive trading days, aligning with sustainable shareholder returns [3] - The grants are part of the Omnibus equity incentive plan, which allows for various forms of security-based compensation, capped at 10% of the total issued shares [3][4] Group 3 - Magna Mining is a producing mining company with a portfolio of copper, nickel, and platinum group metals assets in the Sudbury mining district of Ontario, Canada [8] - The primary asset is the McCreedy West Mine, supported by other past-producing properties, indicating a strong production and exploration potential [8] - The company aims to unlock long-term shareholder value through continued production and development opportunities across its asset base [9]
OneConstruction Group Limited Announces Annual Financial Results for the Fiscal Year Ended March 31, 2025
Prnewswire· 2025-08-12 23:42
Core Viewpoint - OneConstruction Group Limited reported a decrease in revenue and net income for the fiscal year ended March 31, 2025, while highlighting its strong position in the public sector construction market and plans for future growth [1][8][13]. Financial Highlights - Revenue for FY2025 decreased by 16.2% to $53.2 million from $63.5 million in FY2024, with a 14.1% reduction in public sector revenue and a 27.3% decrease in private sector revenue [8]. - Gross profit for FY2025 was $3.9 million, down 11.9% from $4.4 million in FY2024, but gross profit margin increased by 0.4 percentage points to 7.4% [8]. - Net income for FY2025 fell to $0.9 million from $1.8 million in FY2024, primarily due to decreased profit from operations and increased finance costs [8]. - Cash position as of March 31, 2025, decreased to $0.7 million from $1.6 million as of March 31, 2024, driven by cash used in operating activities [8]. Operational Highlights - OneConstruction Group is recognized as a top service provider in the Hong Kong structural steelwork industry, offering customized solutions to meet client needs [3][4]. - The company is well-positioned for growth in the public sector, with construction expenditures expected to grow at a CAGR of 4.5% from 2025 to 2027 [5][6]. - The management team possesses substantial technical and operational expertise, enhancing the company's ability to respond to market demands [7]. Recent Developments - On January 2, 2025, OneConstruction Group closed its initial public offering, raising $7 million to fund future projects and bolster working capital [10]. - In February 2025, the company established an equity incentive plan, reserving 3,000,000 shares to attract and retain key personnel [12]. Outlook - The company aims to expand its market presence, particularly in the public sector, while focusing on operational efficiency and sustainable growth amid macroeconomic challenges [13].