Graphite One Reveals Award of Long-Term Incentive Grants
Long-term Incentive Awards: Graphite One Inc. has approved a grant of long-term incentive awards for 2025, including 410,000 stock options, over 3 million restricted share units (RSUs), and nearly 2.5 million performance share units (PSUs) under its Omnibus Plan.
Stock Options Details: The stock options have an exercise price of $0.81 per share, vesting in thirds over three years, and will expire on April 14, 2030. RSUs and PSUs will convert into common shares upon vesting.
Graphite Supply Chain Strategy: The company is developing a U.S.-based graphite supply chain anchored by the Graphite Creek deposit, which is recognized as one of the largest graphite deposits globally, with plans for manufacturing and recycling facilities in Ohio.
Forward-Looking Statements Caution: The release includes cautionary notes regarding forward-looking statements, emphasizing that actual results may differ due to various factors such as market conditions and regulatory changes.
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