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Horizon Copper Grants Restricted Share Rights

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Horizon Copper Corp. (TSXV: HCU) (OTCQX: HNCUF) has announced the granting of 1,240,000 Restricted Share Rights (RSRs) to its officers, directors, employees, and consultants under the Company's Equity Incentive Plan. The RSRs will vest in three equal annual tranches over a three-year period, with the first vesting occurring on the first anniversary of the grant date.

Horizon Copper Corp. (TSXV: HCU) (OTCQX: HNCUF) ha annunciato il conferimento di 1.240.000 Diritti di Azioni Ristrette (RSR) ai suoi dirigenti, membri del consiglio, dipendenti e consulenti nell'ambito del Piano di Incentivazione azionaria della Società. Gli RSR matureranno in tre tranche annuali uguali nel corso di un periodo di tre anni, con la prima maturazione che avverrà al primo anniversario della data di concessione.

Horizon Copper Corp. (TSXV: HCU) (OTCQX: HNCUF) ha anunciado la concesión de 1,240,000 Derechos de Acción Restringida (RSR) a sus funcionarios, directores, empleados y consultores bajo el Plan de Incentivos de Capital de la Compañía. Los RSR se adquirirán en tres tramos anuales iguales durante un período de tres años, siendo la primera adquisición en el primer aniversario de la fecha de concesión.

호라이즌 구리 코퍼레이션 (TSXV: HCU) (OTCQX: HNCUF)은 1,240,000 개의 제한된 주식 권리 (RSRs)를 회사의 주식 인센티브 계획에 따라 임원, 이사, 직원 및 컨설턴트에게 수여한다고 발표했습니다. RSR은 3년에 걸쳐 매년 동일한 3개의 분할로 배분된다며, 첫 번째 배분은 부여일의 첫 번째 기념일에 발생합니다.

Horizon Copper Corp. (TSXV: HCU) (OTCQX: HNCUF) a annoncé l'octroi de 1 240 000 Droits d'Actions Restreintes (RSR) à ses dirigeants, administrateurs, employés et consultants dans le cadre du Plan d'Incentives en Actions de la Société. Les RSR s'acquitteront en trois tranches annuelles égales sur une période de trois ans, la première acquisition ayant lieu au premier anniversaire de la date d'octroi.

Horizon Copper Corp. (TSXV: HCU) (OTCQX: HNCUF) hat die Gewährung von 1.240.000 Beschränkten Aktienrechten (RSRs) an seine Führungskräfte, Direktoren, Mitarbeiter und Berater im Rahmen des Eigenkapital-Anreizplans des Unternehmens bekannt gegeben. Die RSRs werden über einen Zeitraum von drei Jahren in drei gleichen jährlichen Tranchen fällig, wobei die erste Fälligkeit am ersten Jubiläum des Gewährungsdatums erfolgt.

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  • None.
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  • Potential dilution of shareholder value through issuance of 1,240,000 new RSRs

VANCOUVER, BC, Dec. 12, 2024 /PRNewswire/ - Horizon Copper Corp. (TSXV: HCU) (OTCQX: HNCUF) ("Horizon Copper", "Horizon", or the "Company") announces that it has granted an aggregate of 1,240,000 Restricted Share Rights ("RSRs") to certain officers, directors, employees, and consultants of the Company pursuant to the Company's Equity Incentive Plan. The RSRs vest annually in three equal tranches over a three-year period, beginning on the first anniversary of the grant date.

ABOUT HORIZON COPPER

Horizon Copper is a premier copper company holding a portfolio of unparalleled copper assets including a 1.66% net profits interest on the Antamina copper mine, exposure to the Oyu Tolgoi copper mine through a 24% equity ownership in Entrée Resources Ltd., and a 30% interest in the copper-gold Hod Maden project. Horizon plans to actively grow its portfolio of assets with a focus on copper projects.

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 release.

Cision View original content to download multimedia:https://www.prnewswire.com/news-releases/horizon-copper-grants-restricted-share-rights-302329745.html

SOURCE Horizon Copper Corp.

FAQ

How many Restricted Share Rights (RSRs) did Horizon Copper (HNCUF) grant in December 2023?

Horizon Copper granted 1,240,000 Restricted Share Rights (RSRs) to officers, directors, employees, and consultants in December 2023.

What is the vesting schedule for Horizon Copper's (HNCUF) December 2023 RSR grant?

The RSRs vest annually in three equal tranches over a three-year period, starting from the first anniversary of the grant date.

Who received the RSRs in Horizon Copper's (HNCUF) December 2023 grant?

The RSRs were granted to certain officers, directors, employees, and consultants of Horizon Copper.

Under which plan were Horizon Copper's (HNCUF) RSRs granted?

The RSRs were granted pursuant to the Company's Equity Incentive Plan.

Horizon Copper

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