Hemisphere Energy Announces Updates to Its Share-Based Compensation Plans and Grants Incentive Restricted Share Units and Stock Options
Hemisphere Energy (TSXV: HME) (OTCQX: HMENF) has announced updates to its share-based compensation plans. The company's Board of Directors has approved a new Restricted Share Unit (RSU) Plan and amended its existing Stock Option Plan, both pending shareholder approval at the May 2025 annual general meeting.
The company has conditionally awarded 930,000 RSUs to directors and officers, which will vest one-third annually over three years and expire on December 15, 2027. Additionally, Hemisphere has granted 48,000 incentive stock options to its investor relations provider at an exercise price of $1.84 per share, vesting quarterly over 12 months and expiring on December 13, 2029.
Hemisphere Energy (TSXV: HME) (OTCQX: HMENF) ha annunciato aggiornamenti ai suoi piani di compensazione basati su azioni. Il Consiglio di Amministrazione dell'azienda ha approvato un nuovo Piano di Unità Azionarie Riservate (RSU) e ha modificato il suo Piano Opzioni Azionarie esistente, entrambi soggetti all'approvazione degli azionisti nella riunione annuale del maggio 2025.
L'azienda ha assegnato condizionatamente 930.000 RSU ai direttori e dirigenti, che si matureranno un terzo annualmente per tre anni e scadranno il 15 dicembre 2027. Inoltre, Hemisphere ha concesso 48.000 opzioni azionarie incentivanti al suo fornitore di relazioni con gli investitori a un prezzo di esercizio di 1,84 $ per azione, che si matureranno trimestralmente per 12 mesi e scadranno il 13 dicembre 2029.
Hemisphere Energy (TSXV: HME) (OTCQX: HMENF) ha anunciado actualizaciones a sus planes de compensación basados en acciones. La Junta Directiva de la empresa ha aprobado un nuevo Plan de Unidades de Acciones Restringidas (RSU) y ha modificado su Plan de Opciones sobre Acciones existente, ambos pendientes de la aprobación de los accionistas en la reunión anual de mayo de 2025.
La empresa ha otorgado condicionalmente 930.000 RSUs a directores y oficiales, que se consolidarán un tercio anualmente durante tres años y vencerán el 15 de diciembre de 2027. Además, Hemisphere ha concedido 48.000 opciones de acciones incentivadas a su proveedor de relaciones con inversores a un precio de ejercicio de 1,84 $ por acción, que se consolidarán trimestralmente durante 12 meses y vencerán el 13 de diciembre de 2029.
Hemisphere Energy (TSXV: HME) (OTCQX: HMENF)는 주식 기반 보상 계획에 대한 업데이트를 발표했습니다. 회사의 이사회는 신규 제한 주식 단위(RSU) 계획을 승인하고 기존 주식 옵션 계획을 수정했으며, 둘 다 2025년 5월 연례 총회에서 주주 승인을 대기하고 있습니다.
회사는 930,000 RSU를 조건부로 수여했습니다 지배인 및 임원에게, 이는 3년에 걸쳐 매년 1/3씩 취득되며 2027년 12월 15일에 만료됩니다. 또한 Hemisphere는 투자자 관계 제공자에게 48,000개의 인센티브 주식 옵션을 부여했습니다. 주당 1.84달러의 행사 가격으로 12개월 동안 분기별로 취득되며 2029년 12월 13일에 만료됩니다.
Hemisphere Energy (TSXV: HME) (OTCQX: HMENF) a annoncé des mises à jour de ses plans de rémunération basés sur les actions. Le Conseil d'Administration de l'entreprise a approuvé un nouveau Plan d'Unités d'Actions Restrictives (RSU) et modifié son Plan d'Options d'Achat d'Actions existant, tous deux en attente de l'approbation des actionnaires lors de l'assemblée générale annuelle de mai 2025.
L'entreprise a octroyé conditionnellement 930 000 RSU aux directeurs et aux dirigeants, qui seront acquis par tranches d'un tiers chaque année pendant trois ans et expireront le 15 décembre 2027. De plus, Hemisphere a accordé 48 000 options d’achat d’actions incitatives à son fournisseur de relations avec les investisseurs à un prix d'exercice de 1,84 $ par action, qui seront acquises trimestriellement pendant 12 mois et expireront le 13 décembre 2029.
Hemisphere Energy (TSXV: HME) (OTCQX: HMENF) hat Aktualisierungen seiner aktienbasierten Vergütungspläne bekannt gegeben. Der Vorstand des Unternehmens hat einen neuen Plan für eingeschränkte Aktieneinheiten (RSU) genehmigt und den bestehenden Aktienoptionsplan geändert, beides steht noch zur Genehmigung durch die Aktionäre auf der Hauptversammlung im Mai 2025.
Das Unternehmen hat vorbehaltlich der Conditionally 930.000 RSUs an Direktoren und Führungskräfte vergeben, die über drei Jahre hinweg jährlich zu einem Drittel reifen und am 15. Dezember 2027 ablaufen. Außerdem hat Hemisphere 48.000 Anreizoptionsscheine an seinen Anbieter für Investor Relations zu einem Ausübungspreis von 1,84 $ pro Aktie gewährt, die vierteljährlich über einen Zeitraum von 12 Monaten reifen und am 13. Dezember 2029 ablaufen.
- None.
- None.
Vancouver, British Columbia--(Newsfile Corp. - December 16, 2024) - Hemisphere Energy Corporation (TSXV: HME) (OTCQX: HMENF) ("Hemisphere" or the "Company") announces that its Board of Directors has approved a new Restricted Share Unit ("RSU") Plan and made certain amendments to its existing Stock Option Plan that are intended to comply with the provisions of TSXV Policy 4.4 - Security Based Compensation, as well as other housekeeping changes, both subject to shareholder approval at the next annual general meeting in May 2025. The Company's Board of Directors has also approved grants of incentive RSUs and stock options.
Restricted Share Units
Under the new RSU Plan, RSUs may be granted to directors, employees, and contractors of the Company. The RSU Plan permits the Company to either redeem RSUs for cash or by issuance of Hemisphere's common shares.
On December 13, 2024, the Company conditionally awarded 930,000 incentive RSUs to directors and officers of Hemisphere, all of which will vest one-third annually over a three-year period and will expire on December 15, 2027.
The RSU Plan and the grant of the above noted RSUs each remain subject to the requisite approval of the shareholders of the Company, in accordance with the rules of the TSX Venture Exchange. These matters, as well as matters relating to the amendments and renewal of the Company's Stock Option Plan, are expected to be presented for approval at the Company's next annual meeting of shareholders.
Stock Options
Additionally, in accordance with the Company's Stock Option Plan, Hemisphere has granted 48,000 incentive stock options to its investor relations service provider on December 13, 2024 at an exercise price of
About Hemisphere Energy Corporation
Hemisphere is a dividend-paying Canadian oil company focused on maximizing value-per-share growth with the sustainable development of its high netback, ultra-low decline conventional heavy oil assets through polymer flood EOR methods. Hemisphere trades on the TSX Venture Exchange as a Tier 1 issuer under the symbol "HME" and on the OTCQX Venture Marketplace under the symbol "HMENF".
For further information, please visit the Company's website at www.hemisphereenergy.ca to view its corporate presentation or contact:
Don Simmons, President & Chief Executive Officer
Telephone: (604) 685-9255
Email: info@hemisphereenergy.ca
Website: www.hemisphereenergy.ca
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/233908
FAQ
How many RSUs did Hemisphere Energy (HMENF) grant in December 2024?
What is the vesting schedule for Hemisphere Energy's (HMENF) December 2024 RSU grants?
What is the exercise price and expiry date of HMENF's December 2024 stock option grant?
When will Hemisphere Energy (HMENF) seek shareholder approval for its new RSU Plan?
