Business
Sun Summit Announces Adoption of RSU Plan
Vancouver, British Columbia--(Newsfile Corp. - June 24, 2024) - Sun Summit Minerals Corp. (TSXV: ...
About this update from Sun Summit Minerals Corp.
[{"type":"text","content":"Sun Summit Announces Adoption of RSU PlanVancouver, British Columbia--(Newsfile Corp. - June 24, 2024) - Sun Summit Minerals Corp. (TSXV: SMN) (OTCQB: SMREF) (the \"Company\" or \"Sun Summit\") is pleased to announce that it has adopted a new restricted share unit plan (the \"RSU Plan\") that was approved by the shareholders of the Company at its annual general and special meeting held on June 21, 2024. Restricted share units (\"RSUs\") may be granted to any employee, director or consultant of the Company or its subsidiaries, other than persons conducting investor relations activities, from time to time by the board of directors of the Company, subject to the limitations set forth in the RSU Plan. The maximum number of common shares of the Company reserved for issuance under the RSU Plan is 6,220,056 common shares of the Company, subject to adjustment in accordance with the terms of the RSU Plan. The RSU Plan is subject to the final acceptance of the TSX Venture Exchange.About Sun SummitSun Summit Minerals (TSXV: SMN) (OTCQB: SMREF) is a mineral exploration company focused on expansion and discovery of district scale gold and copper assets in British Columbia. The Company's diverse portfolio includes the JD Project in the Toodoggone region of north-central B.C. and the Buck Project in central B.C. Sun Summit is committed to environmental and social responsibility, with a focus on accountable development and building respectful and beneficial relationships with Indigenous and local communities. Further details are available at www.sunsummitminerals.com.On behalf of the board of directorsBrian LockExecutive ChairmanFor further information, contact:Sharyn [email protected] BenedettoSimone [email protected] Tel. 416-817-1226Forward Looking InformationStatements contained in this news release that are not historical facts may be forward-looking statements, which involve risks, uncertainties and other factors that could cause actual results to differ materially from those expressed or implied by such forward-looking statements. In addition, the forward-looking statements require management to make assumptions and are subject to inherent risks and uncertainties. There is significant risk that the forward-looking statements will not prove to be accurate, that the management's assumption...