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Spartan Metals - Announces Adoption of New Equity Incentive Plans and the Grant of Security-Based Compensation
(TheNewswire) Vancouver, Canada, January 23, 2026 – TheNewswire - Spartan Metals...
About this update from Spartan Metals Corp.
[{"type":"text","content":"Spartan Metals - Announces Adoption of New Equity Incentive Plans and the Grant of Security-Based Compensation\n(TheNewswire)\n\n\nVancouver, Canada, January 23,\n2026 – TheNewswire\n- Spartan Metals Corp. (“Spartan” or the\n“Company”) (TSX-V: W | OTCQB: SPRMF | FSE: J03) announces its\nshareholders have approved the Company’s new 10% rolling stock\noption plan (the “Option\nPlan”) and it’s share unit plan (the\n“Share Unit Plan”) (collectively the “Equity Incentive Plans”) at the Company’s annual meeting of shareholders held\non January 19, 2026 (the “Shareholders’ Meeting”).\n\n\n\n \n\n\n\nThe Equity Incentive Plans provide the Company with the\nability to issue stock options (“Options”),\nrestricted share units (“RSU’s”) and deferred share units\n (“DSU’s”) to directors, officers, employees or consultants of the\nCompany or its subsidiaries. The aggregate number of common shares\nreserved for issuance in connection with the Option Plan shall not\nexceed 10% of the issued and outstanding common shares of the Company\nat the time of grant.  The number of shares reserved for issuance\nunder the Share Unit Plan shall not exceed 2,500,000 common\nshares.\n\n\n\n \n\n\n\nFurther details regarding the Equity Incentive Plans\nare included in the management information circular of the Company\nfiled on SEDAR+ in connection with the Shareholders’ Meeting.\n\n\n\n \n\n\n\nThe Company further announces it has granted an\naggregate of 1,850,000 Options to directors, officers, employees and\nconsultants of the Company in accordance with the Company's\nOption Plan. These Options are exercisable at $0.395per share for a\nperiod of five years. The Company also announces that it has granted\nan aggregate of 682,000 DSU’s to directors and officers of the\nCompany and 60,000 RSU’s to eligible persons of the Company. The\nDSUs and RSUs are governed by the Company's Share Unit Plan and\nwill be subject to applicable securities law hold periods.\n\n\n \n\n\nAbout Spartan Metals Corp. \n\n\nSpartan Metals is focused on developing critical\nminerals projects in well-established and stable mining jurisdictions\nin the Western Un...