Energy Plug Technologies Engages Mr. Dan Mathieson
Energy Plug Technologies (OTCQB:PLGGF) has announced the engagement of Dan Mathieson as an advisor, granting him 600,000 restricted share units (RSUs) with a 5-year term. Mr. Mathieson brings extensive experience as the former five-term Mayor of Stratford, Ontario, and Chair of the Municipal Property Assessment Corporation (MPAC).
The RSUs are performance-based, contingent on achieving specific milestones including: closing four Ontario energy projects worth over $10 million each, securing a Long-Term 2 RFP award in Ontario, and completing a confidential project. The RSUs are subject to a four-month statutory hold period under Canadian securities laws.
Energy Plug Technologies (OTCQB:PLGGF) ha annunciato l'ingaggio di Dan Mathieson come consulente, assegnandogli 600.000 unità azionarie vincolate (RSU) con una durata di 5 anni. Il signor Mathieson porta con sé una vasta esperienza come ex sindaco di Stratford, Ontario, per cinque mandati, e come presidente della Municipal Property Assessment Corporation (MPAC).
Le RSU sono basate sulle prestazioni, condizionate al raggiungimento di specifici obiettivi, tra cui: la chiusura di quattro progetti energetici in Ontario del valore superiore a 10 milioni di dollari ciascuno, l'ottenimento di un premio Long-Term 2 RFP in Ontario e il completamento di un progetto riservato. Le RSU sono soggette a un periodo di blocco statutario di quattro mesi secondo le leggi canadesi sui titoli.
Energy Plug Technologies (OTCQB:PLGGF) ha anunciado la incorporación de Dan Mathieson como asesor, otorgándole 600,000 unidades restringidas de acciones (RSU) con un plazo de 5 años. El Sr. Mathieson aporta una amplia experiencia como ex alcalde de Stratford, Ontario, durante cinco mandatos, y presidente de la Municipal Property Assessment Corporation (MPAC).
Las RSU están basadas en el rendimiento, condicionadas al logro de hitos específicos, incluyendo: cerrar cuatro proyectos energéticos en Ontario con un valor superior a $10 millones cada uno, asegurar un premio Long-Term 2 RFP en Ontario y completar un proyecto confidencial. Las RSU están sujetas a un período de retención legal de cuatro meses según las leyes de valores canadienses.
Energy Plug Technologies (OTCQB:PLGGF)는 Dan Mathieson을 고문으로 영입했다고 발표했으며, 그에게 5년 기간의 600,000 제한 주식 단위(RSU)를 부여했습니다. Mathieson 씨는 온타리오 주 스트랫퍼드의 전임 5선 시장이자 지방 부동산 평가 기관(MPAC) 의장으로서 풍부한 경험을 가지고 있습니다.
RSU는 성과 기반으로, 다음과 같은 특정 이정표 달성에 따라 지급됩니다: 각 1,000만 달러 이상의 온타리오 에너지 프로젝트 4건 완료, 온타리오의 장기 2 RFP 수주, 그리고 비밀 프로젝트 완료. RSU는 캐나다 증권법에 따른 4개월 법정 보유 기간이 적용됩니다.
Energy Plug Technologies (OTCQB:PLGGF) a annoncé la nomination de Dan Mathieson en tant que conseiller, lui attribuant 600 000 unités d'actions restreintes (RSU) d'une durée de 5 ans. M. Mathieson apporte une vaste expérience en tant qu'ancien maire de Stratford, Ontario, pour cinq mandats, et président de la Municipal Property Assessment Corporation (MPAC).
Les RSU sont basées sur la performance, conditionnées à l'atteinte de jalons spécifiques, notamment : la clôture de quatre projets énergétiques en Ontario d'une valeur supérieure à 10 millions de dollars chacun, l'obtention d'un contrat Long-Term 2 RFP en Ontario, et l'achèvement d'un projet confidentiel. Les RSU sont soumises à une période de blocage statutaire de quatre mois conformément aux lois canadiennes sur les valeurs mobilières.
Energy Plug Technologies (OTCQB:PLGGF) hat die Verpflichtung von Dan Mathieson als Berater bekannt gegeben und ihm 600.000 Restricted Share Units (RSUs) mit einer Laufzeit von 5 Jahren gewährt. Herr Mathieson bringt umfassende Erfahrung als ehemaliger fünfmaliger Bürgermeister von Stratford, Ontario, und Vorsitzender der Municipal Property Assessment Corporation (MPAC) mit.
Die RSUs sind leistungsabhängig und an die Erreichung bestimmter Meilensteine gebunden, darunter: der Abschluss von vier Energieprojekten in Ontario im Wert von jeweils über 10 Millionen US-Dollar, der Erhalt eines Long-Term 2 RFP-Auftrags in Ontario sowie der Abschluss eines vertraulichen Projekts. Die RSUs unterliegen einer viermonatigen gesetzlichen Sperrfrist gemäß kanadischem Wertpapierrecht.
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Vancouver, British Columbia--(Newsfile Corp. - July 23, 2025) - Energy Plug Technologies Corp. (CSE: PLUG) (OTCQB: PLGGF) (FSE: 6GQ) is pleased to announce that it has engaged Mr. Dan Mathieson ("Mr. Mathieson") as an advisor.
Mr. Mathieson is widely recognized for his extensive career in public service and business leadership. He served five terms as the Mayor of Stratford, Ontario, where his tenure was marked by transformative civic projects and economic development that established Stratford as a hub of innovation and culture.
Mr. Mathieson was also the Chair of the Municipal Property Assessment Corporation (MPAC), where he provided governance and oversight to one of Ontario's most influential public entities. In addition to his municipal roles, Mr. Mathieson has held positions as a board member of Festival Hydro, further strengthening his experience in utilities management and community infrastructure. His business acumen is highlighted by his role as a board member of Hampton Financial Corporation and his involvement with Oxygen Capital, reflecting a diverse background in financial and capital markets. Most recently, Mr. Mathieson joined Hillcrest Energy Technologies as a strategic advisor, contributing his expertise to the advancement of innovative clean technology and corporate growth. His leadership across public, private, and advisory positions demonstrates a unique combination of governance excellence and business insight.
Under the terms of the engagement, the Company has granted 600,000 restricted share units (the "RSUs") to Mr. Mathieson, valid for a 5-year term. Mr. Mathieson's RSUs are tied to successful awards which include, financial closing for four energy projects in excess of
The RSUs are granted and governed by the Company' RSU Plan, approved by shareholders at the Company's annual general meeting held on March 17, 2025. The RSUs are subject to a statutory hold period of four month and one day in accordance with Canadian securities laws.
About Energy Plug Technologies Corp.
Energy Plug Technologies Corp. is a leader in secure and resilient energy storage solutions, advancing next-generation battery technologies for residential, commercial, and utility applications. The Company is committed to enhancing grid stability, cybersecurity, and sustainable energy adoption, working in collaboration with leading technology firms, government agencies, and Indigenous communities. For more information, visit https://energyplug.com.
Contact Information
Energy Plug Technologies Corp.
Paul Dickson
CEO, Director
info@energyplug.com
(604) 283-1262
Forward-Looking Statements
This news release contains statements that constitute "forward-looking statements." Such forward-looking statements involve known and unknown risks, uncertainties and other factors that may cause Energy Plug Technologies Corp.'s actual results, performance or achievements, or developments in the industry to differ materially from the anticipated results, performance or achievements expressed or implied by such forward-looking statements. Forward-looking statements are statements that are not historical facts and are generally, but not always, identified by the words "expects," "plans," "anticipates," "believes," "intends," "estimates," "projects," "potential" and similar expressions, or that events or conditions "will," "would," "may," "could" or "should" occur.
Neither the Canadian Securities Exchange nor its Market Regulator (as that term is defined in the policies of the Canadian Securities Exchange) accepts responsibility for the adequacy or accuracy of this release.
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/259736
