NexGold grants 1.2M shares to leadership amid mining expansion
NexGold Mining Corp. has awarded stock-based compensation to its leadership and board members. The company granted a combined total of over 1.2 million share units to officers and non-executive directors. These incentives come as NexGold continues to develop multiple mining projects across Canada and Alaska.
The company issued 687,497 Restricted Share Units (RSUs) to certain officers. An additional 534,719 Deferred Share Units (DSUs) were granted to non-executive directors. Both types of units will vest in three equal parts, beginning one year after the grant date, with each unit converting into one common share upon settlement.
The share-based awards align with NexGold’s ongoing expansion in precious and base metals. The company’s projects span gold, copper, zinc, and silver, with operations stretching from Nova Scotia to Alaska. Vesting of the units will occur gradually over the next three years, subject to performance and tenure conditions.
