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Tiernan Gold Announces Grant of Compensation Securities
Tiernan Gold Announces Grant of Compensation Securities Canada NewsWire VANCOUVER,...
About this update from Tiernan Gold Corp
[{"type":"text","content":"\n\n\nTiernan Gold Announces Grant of Compensation Securities\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\nCanada NewsWire\n\n\nVANCOUVER, BC, April 10, 2026 /CNW/ - Tiernan Gold Corp. (TSXV: TNGD) (\"Tiernan\" or the \"Company\"), announces the grant of an aggregate of 162,092 stock options (\"Options\"), 743,896 restricted share units (\"RSUs\"), 15,795 deferred share units (\"DSUs\") and 55,188 performance share units (\"PSUs\") to certain eligible participants, including directors, officers and consultants of the Company, pursuant to the Company's Omnibus Equity Incentive Plan (the \"Plan\") adopted on October 16, 2025. The Plan provides that the maximum number of common shares issuable under the Plan, together with all other security-based compensation arrangements of the Company, shall not exceed 10% of the issued and outstanding common shares of the Company at the time of any award grant.\n\n\n\n\n\n\n\nDeferred Share UnitsThe Company has granted an aggregate of 15,795 DSUs to non-executive directors of the Company for the first quarter (Q1 2026).  Each DSU entitles the holder to receive one common share of the Company, a cash payment equal to the value of one common share of the Company, a combination thereof, or otherwise as determined at the sole discretion of the board of directors of the Company, no earlier than the date on which the holder ceases to be an eligible participant under the Plan.OptionsThe Company has granted an aggregate of 162,092 Options to certain officers and consultants of the Company.  Each Option entitles the holder to purchase one common share of the Company at an exercise price of $9.06 per share. The Option expires five years from the date of grant and vests in three equal annual installments, with one-third vesting on each of the first, second and third anniversaries of the date of grant.Restricted Share Units The Company has granted an aggregate of 743,896 RSUs to an officer of the Company.  Each RSU entitles the holder to receive one common share of the Company, a cash payment equal to the value of one co...