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NG ENERGY GRANTS RESTRICTED SHARE UNITS
NG ENERGY GRANTS RESTRICTED SHARE UNITS Canada NewsWire VANCOUVER, BC ,...
About this update from Ng Energy International Corp
[{"type":"text","content":"\n \n \n \n NG ENERGY GRANTS RESTRICTED SHARE UNITS\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 \n \n \n \n \n \n Canada NewsWire\n \n \n \n \n \n \n VANCOUVER, BC\n \n \n ,\n \n \n March 21, 2023\n \n \n /CNW/ -\n \n NG Energy International Corp. (\"NGE\" or the \"Company\")\n \n (TSXV: GASX) (OTCQX: GASXF) announces that the board of directors has approved the grant of an aggregate of 5,725,000 restricted share units (\"\n \n RSU\n \n \") to officers, directors, employees and consultants of the Company which will vest equally over three years with first vesting occurring after one year. Each vested RSU entitles the holder to receive one common share of the Company. The grant of RSU is subject to the Company's Restricted Share Unit Plan which was approved by shareholders at NGE's annual general and special meeting of shareholders on\n \n November 30, 2022\n \n .\n \n \n \n About NG Energy International Corp.\n \n \n \n NG Energy International Corp. is a publicly traded E&P company on a mission to provide a clean and sustainable solution to\n \n Colombia's\n \n energy needs. The Company intends on executing this mission by producing and bringing gas to the premium priced Colombian gas market from the blocks, SN-9, a 311,353 acres block which is adjacent to Canacol's Nelson field, as well\n \n Maria Conchita\n \n , a 32,518-acre block located in the region of La Guajira. NGE's team has extensive technical expertise and a proven track record of building companies and creating value in\n \n South America\n \n . For more information, please visit SEDAR (\n \n \n www.sedar.com\n \n \n ) and the Company's website (\n \n \n www.ngenergyintl.com\n \n \n ).\n \n \n \n \n Cautionary Statement Regarding Forward-Looking Information\n \n \n \n \n \n Except for the statements of historical fact, this news release contains \"forward-looking information\", within the meaning of applicable Canadian securities legislation that is based on expectations, estimates and projections as at the date of this news release. Wherever possible, words such as \"anticipate,\" \"believe,\" \"expe...