Core Points - The Board of Directors of SKEL has approved stock options for employees amounting to 3,591,141 shares [1] - The stock options aim to align the long-term interests of the company and its employees, following the remuneration policy approved at the Annual General Meeting on March 7, 2024 [2] - After this allocation, the total outstanding stock options for key employees will be 111,194,084 shares, representing approximately 5.92% of the company's share capital [3] Stock Option Details - The exercise price for the stock options is set at ISK 16.3 per share, based on the closing price on Nasdaq Iceland prior to the allocation date [4] - The stock options will have a three-year vesting period, with one-third exercisable immediately after vesting, and subsequent thirds exercisable one year apart [4] - A portion of the realized gain from the options, equal to 15% after taxes, must be retained in shares until employment termination, and options lapse if employment is terminated during the vesting period [4]

Group 1 - Cannara Biotech Inc. has approved the grant of incentive awards under its stock option plan and restricted share unit compensation plan [1][2] - The awards were granted in alignment with the completion of the Company's fiscal year-end on August 31, 2025, marking five consecutive years of commercial operations and year-over-year revenue growth [2] - The Company has granted 3,625,000 stock options to certain employees, each exercisable into one common share at an exercise price of $1.44 per share, vesting over three years [5] Group 2 - Cannara operates two mega facilities in Québec, covering over 1,650,000 sq. ft., with a potential annualized cultivation output of 100,000 kg [4] - The Company leverages Québec's low electricity costs to produce premium-grade cannabis products at affordable prices [4] - 145,000 restricted share units (RSUs) were granted to members of the board of directors, vesting in full on the second anniversary of the grant date [5]

Group 1: Meeting Results - All nominees for re-election as directors were re-elected to serve until the next annual general meeting [2] - Shareholders approved the reappointment of Mao & Ying LLP Chartered Accountants as the Company's auditors for the upcoming year [3] Group 2: Stock Option and Share Unit Plans - Shareholders approved a 10% rolling stock option plan and a restricted share unit plan, both subject to final acceptance by the TSX Venture Exchange [4] - The stock option plan requires annual shareholder approval, while the restricted share unit plan requires approval only if the number of shares is amended [4] Group 3: Stock Options Grant - The Board of Directors granted an aggregate of 800,000 stock options to directors at an exercise price of $0.33 per common share for a period of five years [5] - 50% of the options vest immediately, with the remaining 50% vesting in one year [5] Group 4: Company Overview - Search Minerals focuses on exploring and developing Critical Rare Earth Elements (CREE) and transition metals such as Zirconium and Hafnium in the Port Hope Simpson - St. Lewis CREE District [6] - The Company controls two deposits (Foxtrot and Deep Fox) and several drill-ready prospects along a 64-kilometer belt in Labrador [7]