Orogen Royalties unveils $3.12 stock options and share units for executives
Orogen Royalties Inc. has announced its annual equity compensation program for employees and executives. The package includes stock options, restricted share units, and deferred share units. These grants remain subject to approval by the TSX Venture Exchange.
The company has awarded 618,000 incentive stock options, each with an exercise price of $3.12. These options will vest over three years and expire after five. Employees and executives will have until 2029 to exercise them.
Restricted Share Units (RSUs) total 132,000, with full vesting set for the second anniversary of the grant date. Meanwhile, 29,000 Deferred Share Units (DSUs) will vest in two stages—50% on the third anniversary and the remaining 50% on the fourth. Settlement for DSUs occurs upon termination of service.
Orogen Royalties focuses on royalty interests across Western North America, including projects in British Columbia. Its most notable holding is the Hermitano property in Sonora, Mexico. The company does not operate mines directly but instead generates revenue from royalties on mining activities.
The equity grants aim to align long-term incentives with company performance. Final approval from the TSX Venture Exchange is still pending. Once confirmed, the awards will form part of Orogen's ongoing compensation strategy.
