Northern Graphite Grants Stock Options and Amends RSU Vesting
Northern Graphite Corporation (NGPHF) has announced two key equity compensation updates. The company has granted 125,000 stock options to an officer and an employee, exercisable at $0.105 per share with an expiration date of May 10, 2030. Additionally, the company has amended the vesting schedule for 350,000 restricted share units (RSUs) previously granted in March 2025. The revised vesting schedule includes 250,000 RSUs vesting in three tranches (40% in 2026, 30% in 2027, and 30% in 2028) and 100,000 RSUs vesting over three years (25% in 2026, 25% in 2027, and 50% in 2028).
Northern Graphite Corporation (NGPHF) ha annunciato due importanti aggiornamenti riguardanti la compensazione azionaria. La società ha concesso 125.000 opzioni su azioni a un dirigente e a un dipendente, esercitabili a 0,105 $ per azione con scadenza il 10 maggio 2030. Inoltre, l'azienda ha modificato il piano di maturazione per 350.000 unità azionarie vincolate (RSU) precedentemente assegnate a marzo 2025. Il nuovo piano prevede che 250.000 RSU maturino in tre tranche (40% nel 2026, 30% nel 2027 e 30% nel 2028) e 100.000 RSU maturino in tre anni (25% nel 2026, 25% nel 2027 e 50% nel 2028).
Northern Graphite Corporation (NGPHF) ha anunciado dos actualizaciones clave en su compensación accionaria. La empresa ha otorgado 125,000 opciones sobre acciones a un ejecutivo y un empleado, ejercitables a $0.105 por acción con fecha de vencimiento el 10 de mayo de 2030. Además, la compañía ha modificado el calendario de adquisición de derechos para 350,000 unidades restringidas de acciones (RSU) otorgadas anteriormente en marzo de 2025. El nuevo calendario incluye 250,000 RSU que se adquirirán en tres tramos (40% en 2026, 30% en 2027 y 30% en 2028) y 100,000 RSU que se adquirirán en tres años (25% en 2026, 25% en 2027 y 50% en 2028).
Northern Graphite Corporation (NGPHF)가 주요 주식 보상 업데이트 두 가지를 발표했습니다. 회사는 임원과 직원에게 125,000주 주식 옵션을 부여했으며, 행사가격은 주당 $0.105이고 만료일은 2030년 5월 10일입니다. 또한, 회사는 2025년 3월에 이전에 부여된 350,000 제한 주식 단위(RSU)의 권리 취득 일정도 수정했습니다. 수정된 일정에 따르면 250,000 RSU는 세 차례에 걸쳐 권리 취득하며(2026년 40%, 2027년 30%, 2028년 30%), 100,000 RSU는 3년에 걸쳐 권리 취득합니다(2026년 25%, 2027년 25%, 2028년 50%).
Northern Graphite Corporation (NGPHF) a annoncé deux mises à jour importantes concernant la rémunération en actions. La société a accordé 125 000 options d'achat d'actions à un cadre et un employé, exerçables à 0,105 $ par action avec une date d'expiration au 10 mai 2030. De plus, elle a modifié le calendrier d'acquisition des 350 000 unités d'actions restreintes (RSU) précédemment attribuées en mars 2025. Le nouveau calendrier prévoit que 250 000 RSU seront acquises en trois tranches (40 % en 2026, 30 % en 2027 et 30 % en 2028) et 100 000 RSU seront acquises sur trois ans (25 % en 2026, 25 % en 2027 et 50 % en 2028).
Northern Graphite Corporation (NGPHF) hat zwei wichtige Aktualisierungen zur Aktienvergütung bekanntgegeben. Das Unternehmen hat 125.000 Aktienoptionen an einen leitenden Angestellten und einen Mitarbeiter gewährt, ausübbar zu 0,105 $ pro Aktie mit Ablaufdatum am 10. Mai 2030. Zusätzlich wurde der Vesting-Zeitplan für 350.000 Restricted Share Units (RSUs), die zuvor im März 2025 gewährt wurden, geändert. Der überarbeitete Plan sieht vor, dass 250.000 RSUs in drei Tranchen vesten (40 % im Jahr 2026, 30 % im Jahr 2027 und 30 % im Jahr 2028) und 100.000 RSUs über drei Jahre vesten (25 % in 2026, 25 % in 2027 und 50 % in 2028).
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Ottawa, Ontario--(Newsfile Corp. - May 14, 2025) - Northern Graphite Corporation (TSXV: NGC) (OTCQB: NGPHF) (FSE: 0NG) (XSTU: 0NG) (the "Company" or "Northern") announces that it has granted a total of 125,000 stock options to an officer and an employee of the Company. These stock options are exercisable at
Additionally, further to the Company's press release dated March 13, 2025, the Company announces that the vesting periods relating to a total of 350,000 restricted share units ("RSUs") granted in March 2025 have been amended. The amended vesting terms of these RSUs are as follows: 250,000 RSUs vest 40 percent on April 1, 2026; 30 percent on April 1, 2027; and, 30 percent on April 1, 2028; and, 100,000 RSUs vest 25 percent on April 1, 2026; 25 percent on April 1, 2027; and, 50 percent on April 1, 2028.
About Northern Graphite
Northern, the only natural graphite producing company in North America, is a Canadian, TSX Venture Exchange listed company that is focused on becoming a world leader in producing natural graphite and upgrading it into high-value products critical to the green economy, including anode material for lithium-ion batteries/EVs, fuel cells and graphene, as well as advanced industrial technologies.
Northern expects to become one of the largest natural graphite producers outside of China when its Namibian operations come back online. The Company also has the large-scale Bissett Creek project in Ontario and substantial additional measured and indicated resources in Namibia and the Mousseau property in Quebec which are expected to be sources of continued production growth in the future. All projects have "battery quality" graphite and are located close to infrastructure in politically stable jurisdictions.
For Media Inquiries Contact
Pav Jordan, VP of Communications
Email: pjordan@northerngraphite.com
For Additional Information
Please visit the Company's website at northerngraphite.com, the Company's profile on www.sedarplus.ca our Social Channels listed below or contact the Company at (613) 271-2124.
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Cautionary Note Regarding Forward-Looking Statements
This news release contains certain "forward-looking statements" within the meaning of applicable Canadian securities laws. Forward-looking statements and information are frequently characterized by words such as "plan", "expect", "project", "intend", "believe", "anticipate", "estimate", "potential", "possible" and other similar words, or statements that certain events or conditions "may", "will", "could", or "should" occur. Forward-looking statements in this news release include statements regarding, among others, the Company's intentions to bring its Namibian operations back online and develop its other graphite projects. All such forward-looking statements are based on assumptions and analyses made by management based on their experience and perception of historical trends, current conditions and expected future developments, as well as other factors they believe are appropriate in the circumstances. However, these statements are subject to a variety of risks and uncertainties and other factors that could cause actual events or results to differ materially from those projected including, but not limited to, unexpected changes in laws, rules or regulations, or their enforcement by applicable authorities; the failure of other parties to perform as agreed; social or labour unrest; changes in commodity prices; unexpected failure or inadequacy of infrastructure and the failure of ongoing and contemplated studies to deliver anticipated results or results that would justify and support continued studies, development or operations and the inability to raise required financing. Readers are cautioned not to place undue reliance on forward-looking information or statements.
Although the forward-looking statements contained in this news release are based on what management believes are reasonable assumptions, the Company cannot assure investors that actual results will be consistent with them. These forward-looking statements are made as of the date of this news release and are expressly qualified in their entirety by this cautionary statement. Subject to applicable securities laws, the Company does not assume any obligation to update or revise the forward-looking statements contained herein to reflect events or circumstances occurring after the date of this news release.
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this news release.
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/252122
FAQ
What stock options did Northern Graphite (NGPHF) grant in May 2025?
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What is the new vesting schedule for Northern Graphite's 250,000 RSUs?
What is the vesting schedule for Northern Graphite's 100,000 RSUs?
