Uranium Royalty Corp. Grants Incentive Stock Options
Rhea-AI Summary
Uranium Royalty Corp. (UROY) has announced the grant of 725,000 incentive stock options to directors, officers, employees, and consultants under its long-term incentive plan, with an exercise price of $3.49 per share. 450,000 of these options are allocated specifically to directors and officers. The options have a vesting period of 18 months and are valid for five years. Additionally, the company has signed a 12-month digital marketing agreement with Wallace Hill Partners for $100,000 to enhance its profile, including granting 150,000 options to WHP at the same exercise price.
Positive
- Issuance of 725,000 incentive stock options indicates confidence in the company's strategy.
- Digital marketing agreement with Wallace Hill Partners aims to enhance visibility and market presence.
Negative
- None.
News Market Reaction – UROY
In the trading session that priced this news, UROY gained 3.41%, reflecting a moderate positive market reaction.
Data tracked by StockTitan Argus on the day of publication.
AI-generated analysis. How Rhea-AI works. Not financial advice.
VANCOUVER, BC, May 31, 2021 /PRNewswire/ - Uranium Royalty Corp. (TSXV: URC) (NASDAQ: UROY) ("URC" or the "Company") announced today the grant of incentive stock options to purchase 725,000 common shares of the Company (the "Options") to certain directors, officers, employees and consultants of the Company pursuant to the Company's long term incentive plan (the "Plan"), which included 450,000 Options issued to directors and officers of the Company. The Options have an exercise price of
The Company further announces that it has entered into a digital marketing agreement with Wallace Hill Partners Ltd. ("WHP"), an independent company that provides digital marketing services to public companies. The engagement has a 12-month term and may be terminated by the Company at any time. Pursuant to the agreement, the Company will pay
About Uranium Royalty Corp.
Uranium Royalty Corp. (URC) is a pure-play uranium royalty company focused on gaining exposure to uranium prices by making strategic investments in uranium interests, including royalties, streams, debt and equity investments in uranium companies, as well as through holdings of physical uranium.
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
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SOURCE Uranium Royalty Corp.