METALLA ANNOUNCES ANNUAL STOCK OPTION GRANT
VANCOUVER, BC, Dec. 28, 2023 /PRNewswire/ - Metalla Royalty & Streaming Ltd. ("Metalla" or the "Company") (TSXV: MTA) (NYSE American: MTA) announces its annual equity grant in accordance with the Company's share compensation plan.
- VANCOUVER, BC, Dec. 28, 2023 /PRNewswire/ - Metalla Royalty & Streaming Ltd. ("Metalla" or the "Company") (TSXV: MTA) (NYSE American: MTA) announces its annual equity grant in accordance with the Company's share compensation plan.
- Metalla has granted an aggregate of 587,500 restricted share units (each "RSU") and an aggregate of 922,500 stock options ("Options") to certain directors, officers, consultants, and employees of the Company.
- The RSUs and Options vest in two equal installments, twelve and twenty-four months from the date of grant.
- Each vested RSU will entitle the holder to receive one common share of the Company or the equivalent cash value thereof at the deemed price of C$4.05 and each vested Option will entitle the holder to acquire one common share of the Company at an exercise price of C$4.05 for a period of five years and are subject to vesting provisions.