NexGold Mining rewards leadership with 1.22M share units to drive long-term growth
NexGold Mining Corp. has awarded a total of 1.22 million share units to its leadership team. The move includes grants to both executives and non-executive directors. These incentives are designed to align management’s goals with those of shareholders while encouraging long-term commitment to the company.
The company issued 687,497 Restricted Share Units (RSUs) to certain officers and 534,719 Deferred Share Units (DSUs) to non-executive directors. Each tranche of units will vest in three equal parts, beginning one year after the grant date. Once settled, each unit will convert into one common share.
NexGold Mining Corp., led by CEO Kevin Bullock, operates gold-focused projects across Canada and Alaska. Its key assets include the Goldboro Gold Project, the Goliath Gold Complex, and the Niblack copper-gold-zinc-silver VMS project. The grants aim to recognize contributions, reinforce performance, and retain leadership over time.
The share-based awards will take effect over a three-year period. By linking rewards to company performance, NexGold intends to strengthen accountability and stability within its leadership. The move reflects a broader strategy to support growth in its Canadian and Alaskan gold mining operations.