Business
Northern Graphite Grants Stock Options and Amends RSU Vesting
Ottawa, Ontario--(Newsfile Corp. - May 14, 2025) - Northern Graphite Corporation (TSXV: NGC) (OT...
About this update from Northern Graphite Corporation
[{"type":"text","content":"Northern Graphite Grants Stock Options and Amends RSU VestingOttawa, Ontario--(Newsfile Corp. - May 14, 2025) - Northern Graphite Corporation (TSXV: NGC) (OTCQB: NGPHF) (FSE: 0NG) (XSTU: 0NG) (the \"Company\" or \"Northern\") announces that it has granted a total of 125,000 stock options to an officer and an employee of the Company. These stock options are exercisable at $0.105 per share and will expire on May 10, 2030.Additionally, further to the Company's press release dated March 13, 2025, the Company announces that the vesting periods relating to a total of 350,000 restricted share units (\"RSUs\") granted in March 2025 have been amended. The amended vesting terms of these RSUs are as follows: 250,000 RSUs vest 40 percent on April 1, 2026; 30 percent on April 1, 2027; and, 30 percent on April 1, 2028; and, 100,000 RSUs vest 25 percent on April 1, 2026; 25 percent on April 1, 2027; and, 50 percent on April 1, 2028.About Northern GraphiteNorthern, the only natural graphite producing company in North America, is a Canadian, TSX Venture Exchange listed company that is focused on becoming a world leader in producing natural graphite and upgrading it into high-value products critical to the green economy, including anode material for lithium-ion batteries/EVs, fuel cells and graphene, as well as advanced industrial technologies.Northern expects to become one of the largest natural graphite producers outside of China when its Namibian operations come back online. The Company also has the large-scale Bissett Creek project in Ontario and substantial additional measured and indicated resources in Namibia and the Mousseau property in Quebec which are expected to be sources of continued production growth in the future. All projects have \"battery quality\" graphite and are located close to infrastructure in politically stable jurisdictions.For Media Inquiries ContactPav Jordan, VP of CommunicationsEmail: [email protected] Additional InformationPlease visit the Company's website at northerngraphite.com, the Company's profile on www.sedarplus.ca our Social Channels listed below or contact the Company at (613) 271-2124. LinkedInYouTubeTwitterFacebookCautionary Note Regarding Forward-Looking StatementsThis news release contains certain \"forward-looking statements\" within the meaning of applicable Canadian securities laws. Fo...