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G Mining Ventures Reports Adoption of New Omnibus Equity Incentive Plan
G Mining Ventures Reports Adoption of New Omnibus Equity Incentive Plan Canada NewsWire...
About this update from G Mining Ventures Corp
[{"type":"text","content":"\n \n \n \n G Mining Ventures Reports Adoption of New Omnibus Equity Incentive Plan\n \n \n /* Style Definitions */\nspan.prnews_span\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\na.prnews_a\n{\ncolor:blue;\n}\nli.prnews_li\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\np.prnews_p\n{\nfont-size:0.62em;\nfont-family:\"Arial\";\ncolor:black;\nmargin:0in;\n}\n.prntar{\nTEXT-ALIGN: RIGHT\n}\n \n \n \n \n \n \n Canada NewsWire\n \n \n \n \n \n TSXV\n \n \n : GMIN\n \n \n \n OTCQX\n \n \n : GMINF\n \n \n \n \n \n BROSSARD, QC\n \n \n ,\n \n \n Jan. 30, 2023\n \n \n /CNW/ -\n \n G Mining Ventures Corp.\n \n (\"\n \n GMIN\n \n \" or the \"\n \n Corporation\n \n \") (TSXV: GMIN) (OTCQX: GMINF) is pleased to announce that it has recently obtained conditional approval from the TSX Venture Exchange for the adoption of a new omnibus equity incentive plan (the \"\n \n New Plan\n \n \"). As of the date hereof, the New Plan will replace the Corporation's current 2019 stock option plan (the \"\n \n 2019 Plan\n \n \"). The Corporation intends to submit the New Plan for approval by its shareholders at its next annual meeting.\n \n \n Pursuant to the New Plan, the Corporation will be entitled to grant deferred share units, stock options, performance share units, restricted share units and stock appreciation rights to employees, officers or directors of, or consultants to, the Corporation or any of its subsidiaries, with the number of common shares issuable thereunder, together with the number of shares issuable under the 2019 Plan, not to exceed 7.5% of the total number of shares outstanding from time to time.\n \n \n As of the date hereof, the Corporation currently has 8,822,888 options outstanding under the 2019 Plan. The Corporation intends for those options to continue to be governed by the terms of the 2019 Plan. The Corporation will submit such awards for shareholder approval at its next annual meeting.\n \n \n In accordance with the Corporation's 2019 Plan, the Board of Directors granted, earlier today, to officers and employees of the Corporation, an aggregate of 3,151,199 stock options of the Corporation (the \"\n \n Options\n \n \"), each Option conferring upon its holder the right to purchase one common share in the capital of the Corporation (each a \"\n \n Share\n \n \" and collectively, the \"\n ...