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Premium Nickel Resources Ltd. Grants Stock Options

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Premium Nickel Resources (TSXV: PNRL) has announced the granting of 3,110,000 stock options to various company stakeholders, including directors, officers, employees, and consultants. The options, issued on August 14, 2024, come with an exercise price of $1.10 per share and a five-year term. These options will vest annually in equal thirds, starting from the grant date. This move is likely aimed at aligning the interests of key personnel with those of the company and its shareholders, potentially incentivizing long-term performance and retention.

Premium Nickel Resources (TSXV: PNRL) ha annunciato l'assegnazione di 3.110.000 opzioni su azioni a vari stakeholder dell'azienda, tra cui direttori, dirigenti, dipendenti e consulenti. Le opzioni, emesse il 14 agosto 2024, hanno un prezzo di esercizio di $1,10 per azione e un termine di cinque anni. Queste opzioni matureranno annualmente in tre parti uguali, a partire dalla data di concessione. Questa mossa è probabilmente mirata ad allineare gli interessi del personale chiave con quelli dell'azienda e dei suoi azionisti, incentivando potenzialmente le prestazioni a lungo termine e la retention.

Premium Nickel Resources (TSXV: PNRL) ha anunciado la concesión de 3.110.000 opciones sobre acciones a varios interesados de la empresa, incluidos directores, funcionarios, empleados y consultores. Las opciones, emitidas el 14 de agosto de 2024, tienen un precio de ejercicio de $1.10 por acción y un plazo de cinco años. Estas opciones se otorgarán anualmente en tercios iguales, comenzando desde la fecha de concesión. Este movimiento probablemente tiene como objetivo alinear los intereses del personal clave con los de la empresa y sus accionistas, incentivando potencialmente el rendimiento a largo plazo y la retención.

프리미엄 니켈 리소스 (TSXV: PNRL)는 다양한 회사 이해 관계자, 즉 이사, 임원, 직원 및 컨설턴트에게 3,110,000 주식 옵션을 부여한다고 발표했습니다. 이 옵션은 2024년 8월 14일에 발행되며, 주당 $1.10의 행사가격5년 기간을 갖습니다. 이 옵션은 부여일로부터 매년 1/3씩 균등하게 적용됩니다. 이 조치는 핵심 인력의 이익을 회사 및 주주와 일치시켜 장기적인 성과 및 유지 관리를 촉진하려는 목적일 가능성이 높습니다.

Premium Nickel Resources (TSXV: PNRL) a annoncé l'attribution de 3 110 000 options d'achat d'actions à divers acteurs de l'entreprise, y compris des directeurs, des dirigeants, des employés et des consultants. Les options, émises le 14 août 2024, ont un prix d'exercice de 1,10 $ par action et une durée de cinq ans. Ces options vont être acquises annuellement par tiers égaux, à partir de la date d'attribution. Ce mouvement vise probablement à aligner les intérêts du personnel clé avec ceux de l'entreprise et de ses actionnaires, incitant ainsi potentiellement à la performance et à la rétention à long terme.

Premium Nickel Resources (TSXV: PNRL) hat die Gewährung von 3.110.000 Aktienoptionen an verschiedene Interessengruppen des Unternehmens, darunter Direktoren, Führungskräfte, Mitarbeiter und Berater, bekannt gegeben. Die Optionen, die am 14. August 2024 ausgegeben wurden, haben einen Ausübungspreis von 1,10 $ pro Aktie und eine Laufzeit von fünf Jahren. Diese Optionen werden jährlich in gleichmäßigen Dritteln ab dem Grant-Datum fällig. Dieser Schritt dient wahrscheinlich dazu, die Interessen des Schlüsselpersonals mit denen des Unternehmens und seiner Aktionäre in Einklang zu bringen und somit langfristige Leistungen und Bindung zu fördern.

Positive
  • Granting of stock options may align interests of key personnel with company goals
  • Five-year term of options encourages long-term commitment
Negative
  • Potential dilution of existing shareholders' ownership if options are exercised

Toronto, Ontario--(Newsfile Corp. - August 15, 2024) - Premium Nickel Resources Ltd. (TSXV: PNRL) ("PNRL" or the "Company") announces that, effective August 14, 2024, it has granted to certain directors, officers, employees and/or consultants of the Company and/or its subsidiaries an aggregate of 3,110,000 stock options of the Company ("Options") pursuant to the stock option plan of the Company.

The Options have an exercise price of $1.10 per share and a five-year term from the date of grant, and vest annually in equal thirds beginning on the date of grant.

About Premium Nickel Resources Ltd.

PNRL is a mineral exploration and development company that is focused on the redevelopment of the previously producing nickel, copper and cobalt resources mines owned by the Company in the Republic of Botswana.

PNRL is committed to governance through transparent accountability and open communication within our team and our stakeholders. Our skilled team has worked over 100 projects collectively, accumulating over 400 years of resource discoveries, mine development and mine re-engineering experience on projects like the Company's Selebi and Selkirk mines. PNRL's senior team members have on average more than 20 years of experience in every single aspect of mine discovery and development, from geology to operations.

ON BEHALF OF THE BOARD OF DIRECTORS

Keith Morrison
Director and Chief Executive Officer
Premium Nickel Resources Ltd.

For further information about Premium Nickel Resources Ltd., please contact:
Jaclyn Ruptash
Vice President, Communications and Government and Investor Relations
+1 (604) 770-4334

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. No stock exchange, securities commission or other regulatory authority has approved or disapproved the information contained herein.

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To view the source version of this press release, please visit https://www.newsfilecorp.com/release/219993

FAQ

How many stock options did Premium Nickel Resources (PNRLF) grant on August 14, 2024?

Premium Nickel Resources granted 3,110,000 stock options on August 14, 2024.

What is the exercise price of the stock options granted by Premium Nickel Resources (PNRLF)?

The exercise price of the stock options granted is $1.10 per share.

What is the vesting schedule for the stock options granted by Premium Nickel Resources (PNRLF)?

The stock options vest annually in equal thirds, beginning on the date of grant.

What is the term of the stock options granted by Premium Nickel Resources (PNRLF)?

The stock options have a five-year term from the date of grant.

PREMIUM NICKEL RES LTD

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