Nickel Creek Platinum Grants Equity Awards

About this update from Nickel Creek Platinum Corp.

OAKVILLE, ON, May 5, 2026 /CNW/ - Nickel Creek Platinum Corp. (TSXV: NCP) ("Nickel Creek" or the "Company") announces that the Company has granted 115,000 stock options ("Options") to directors, officers and consultants of the Company pursuant to the Company's share-based compensation plan (the "Plan"). The Options have an exercise price of $2.70, a term of three (3) years, expiring on May 5, 2029, and vested immediately. The Company has also conditionally granted 150,000 Options and 150,000 deferred share units ("DSUs") to directors and officers ("Insiders") of the Company pursuant to the Plan. These Options also have an exercise price of $2.70, a term of three (3) years, expiring on May 5, 2029 and vested immediately. None of these 150,000 Options may be exercised nor may any of the 150,000 DSUs be settled until shareholders approve the foregoing grants as the number of common shares made issuable to Insiders pursuant to these awards exceed the 10% limitation on grants to Insiders set out in the Plan. Accordingly, at the Company's upcoming Annual General and Special Meeting (the "Meeting"), expected to be held on June 25, 2026, shareholders will, among other things, be asked to approve the Plan (including an amendment to the maximum number of DSUs issuable thereunder) as well as the issuance of these 150,000 Options and 150,000 DSUs, all in accordance with the policies of the TSXV and the Plan. Following these grants, assuming ratification by shareholders and approval of the Plan at the Meeting, the Company will have a total of 568,000 Options and 441,165 DSUs outstanding, of which 994,165 common shares are reserved for issuance to Insiders on settlement of Options and DSUs, representing approximately 14.1% of the Company's issued and outstanding common shares. About Nickel Creek Platinum Corp. Nickel Creek Platinum Corp. (TSXV: NCP; OTCQB: NCPCF) is a Canadian mining exploration and development company and its asset is its 100%-owned Nickel Shäw Project. The Nickel Shäw Project is a large undeveloped nickel sulphide project in one of the most favourable jurisdictions in the world, with a unique mix of metals including copper, cobalt and platinum group metals. The Nickel Shäw Project has exceptional access to infrastructure, located three hours west of Whitehorse via the paved Alaska Highway, which offers year-round access to deep-sea shipping ports in ...

View stock analysis, news, and events for Nickel Creek Platinum Corp.