incentive plan

Pure Energy Minerals shareholders overwhelmingly approved all resolutions at the recent Annual General Meeting. Key decisions included reappointing auditors, electing five directors including new member William Morton, and approving a Long-Term Incentive Plan. The company, focused on lithium exploration at its Clayton Valley Project, views these approvals as vital for advancing its strategic direction and capitalizing on the growing lithium market.

Scryb (SCYRF) granted 3,870,000 stock options, exercisable at $0.12 per share for five years, to company stakeholders; 2,910,000 options were allocated to directors and officers. The grants fall under the Omnibus Long-Term Incentive Plan and include a four-month resale restriction. The company utilized exemptions under MI 61-101 regarding valuation and minority shareholder approval for insider participation, which may draw scrutiny. The options aim to incentivize personnel but also pose potential dilution risks.

Wallbridge Mining’s Annual and Special Meeting on June 12, 2025, saw significant shareholder representation and strong support for all resolutions. Shareholders elected six directors, including Brian Penny and Janet Wilkinson, with high approval ratings. KPMG LLP was reappointed as auditor. The approval of the Omnibus Long Term Incentive Plan further highlights shareholder confidence and commitment to long-term value creation.