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Ridgeline Minerals Announces Grant of Incentive Stock Options

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Ridgeline Minerals Corp. (TSXV: RDG) (OTCQB: RDGMF) (FSE: 0GC0) has announced the grant of 2,770,000 stock options to directors, officers, employees, and consultants. These options are exercisable at $0.155 per share for a five-year period. Additionally, the company has granted 1,000,000 deferred share units (DSUs) to directors and 425,000 restricted share units (RSUs) to eligible persons. The DSUs and RSUs are governed by Ridgeline's RSU/DSU Plan and will be subject to applicable securities law hold periods. This move is part of the company's incentive stock option plan, aimed at aligning the interests of key personnel with those of shareholders.

Ridgeline Minerals Corp. (TSXV: RDG) (OTCQB: RDGMF) (FSE: 0GC0) ha annunciato l'attribuzione di 2.770.000 opzioni su azioni a direttori, funzionari, dipendenti e consulenti. Queste opzioni sono esercitabili a $0,155 per azione per un periodo di cinque anni. Inoltre, l'azienda ha concesso 1.000.000 unità azionarie differite (DSU) ai direttori e 425.000 unità azionarie vincolate (RSU) a persone idonee. Le DSU e le RSU sono regolate dal Piano RSU/DSU di Ridgeline e saranno soggette ai periodi di blocco previsti dalle leggi sui titoli applicabili. Questa mossa è parte del piano di opzioni su azioni incentivanti dell'azienda, mirato ad allineare gli interessi del personale chiave con quelli degli azionisti.

Ridgeline Minerals Corp. (TSXV: RDG) (OTCQB: RDGMF) (FSE: 0GC0) ha anunciado la concesión de 2.770.000 opciones sobre acciones a directores, funcionarios, empleados y consultores. Estas opciones son ejercitables a $0,155 por acción por un período de cinco años. Además, la empresa ha otorgado 1.000.000 unidades de acciones diferidas (DSU) a los directores y 425.000 unidades de acciones restringidas (RSU) a personas elegibles. Las DSU y RSU están reguladas por el Plan RSU/DSU de Ridgeline y estarán sujetas a los períodos de retención de las leyes de valores aplicables. Este movimiento es parte del plan de opciones sobre acciones de incentivo de la empresa, destinado a alinear los intereses del personal clave con los de los accionistas.

Ridgeline Minerals Corp. (TSXV: RDG) (OTCQB: RDGMF) (FSE: 0GC0)은 이사, 임원, 직원 및 컨설턴트에게 2,770,000주식매옵션을 부여했다고 발표했습니다. 이 옵션은 $0.155 주당으로 5년 동안 행사할 수 있습니다. 또한, 회사는 이사에게 1,000,000개의 이연주식 단위(DSU)를, 자격 있는 사람에게 425,000개의 제한주식 단위(RSU)를 부여했습니다. DSU와 RSU는 Ridgeline의 RSU/DSU 계획에 따라 관리되며 적용 가능한 증권법의 보유 기간이 적용됩니다. 이 조치는 회사의 인센티브 주식 옵션 계획의 일환으로, 핵심 인력의 이익을 주주의 이익과 일치시키는 것을 목표로 하고 있습니다.

Ridgeline Minerals Corp. (TSXV: RDG) (OTCQB: RDGMF) (FSE: 0GC0) a annoncé l'attribution de 2.770.000 options d'achat d'actions à des directeurs, des dirigeants, des employés et des consultants. Ces options sont exerçables à $0,155 par action pendant une période de cinq ans. De plus, la société a octroyé 1.000.000 unités d'actions différées (DSU) à des directeurs et 425.000 unités d'actions restreintes (RSU) à des personnes éligibles. Les DSU et RSU sont régies par le Plan RSU/DSU de Ridgeline et seront soumises aux périodes de blocage prévues par la loi sur les valeurs mobilières applicable. Cette initiative fait partie du plan d'options sur actions incitatives de l'entreprise, visant à aligner les intérêts du personnel clé avec ceux des actionnaires.

Ridgeline Minerals Corp. (TSXV: RDG) (OTCQB: RDGMF) (FSE: 0GC0) hat die Vergabe von 2.770.000 Aktienoptionen an Direktoren, Führungskräfte, Mitarbeiter und Berater bekannt gegeben. Diese Optionen sind für einen Zeitraum von fünf Jahren zu $0,155 pro Aktie ausübbar. Darüber hinaus hat das Unternehmen 1.000.000 aufgeschobene Aktieneinheiten (DSUs) an Direktoren und 425.000 beschränkte Aktieneinheiten (RSUs) an berechtigte Personen vergeben. Die DSUs und RSUs unterliegen dem RSU/DSU-Plan von Ridgeline und werden den geltenden Haltefristen des Wertpapierrechts unterliegen. Dieser Schritt ist Teil des Anreiz-Aktienoptionsplans des Unternehmens, der darauf abzielt, die Interessen des Schlüsselpersonals mit denen der Aktionäre in Einklang zu bringen.

Positive
  • Granting of stock options and share units may help retain and motivate key personnel
  • Alignment of interests between company leadership and shareholders through equity-based compensation
Negative
  • Potential dilution of existing shareholders' ownership due to the issuance of new equity instruments
  • Exercise price of $0.155 per share for stock options may be below or near current market price, potentially reducing incentive effect

Vancouver, British Columbia--(Newsfile Corp. - September 12, 2024) - Ridgeline Minerals Corp. (TSXV: RDG) (OTCQB: RDGMF) (FSE: 0GC0) ("Ridgeline" or the "Company") today announces the Company has granted an aggregate of 2,770,000 stock options to directors, officers, employees and consultants of the Company in accordance with the Company's incentive stock option plan. These incentive stock options are exercisable at $0.155 per share for a period of five years. The Company also announces that it has granted an aggregate of 1,000,000 deferred share units, ("DSUs") to the directors of the Company and 425,000 restricted share units ("RSUs") to eligible persons of the Company. The DSUs and RSUs are governed by the Company's RSU/DSU Plan and will be subject to applicable securities law hold periods.

About Ridgeline Minerals Corp.
Ridgeline Minerals is a discovery focused precious and base metal explorer with a proven management team and a 201km2 exploration portfolio across five projects in Nevada, USA. The Company is a hybrid explorer with a mix of 100%-owned exploration assets (Big Blue and Bell Creek) as well as two earn-in exploration agreements with Nevada Gold Mines at its Swift and Black Ridge projects and a third earn-in with South32 at its Selena project. More information about Ridgeline can be found at www.ridgelineminerals.com.

On behalf of the Board
"Chad Peters"
President & CEO

Further Information:
Chad Peters, P.Geo.
President, CEO & Director
Ridgeline Minerals Corp.
+1 775 304 9773
cpeters@ridgelineminerals.com

Neither the TSX Venture Exchange nor its Regulation Service Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this press release.

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/223135

FAQ

How many stock options did Ridgeline Minerals (RDGMF) grant in September 2024?

Ridgeline Minerals (RDGMF) granted 2,770,000 stock options to directors, officers, employees, and consultants in September 2024.

What is the exercise price and duration of the stock options granted by Ridgeline Minerals (RDGMF)?

The stock options granted by Ridgeline Minerals (RDGMF) are exercisable at $0.155 per share for a period of five years.

How many deferred share units (DSUs) and restricted share units (RSUs) did Ridgeline Minerals (RDGMF) grant?

Ridgeline Minerals (RDGMF) granted 1,000,000 deferred share units (DSUs) to directors and 425,000 restricted share units (RSUs) to eligible persons.

What plan governs the DSUs and RSUs granted by Ridgeline Minerals (RDGMF)?

The DSUs and RSUs granted by Ridgeline Minerals (RDGMF) are governed by the Company's RSU/DSU Plan and are subject to applicable securities law hold periods.

RIDGELINE MINERALS CORP

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