Electric Metals Grants Deferred Share Units to Boost Alignment

Electric Metals (USA) Limited has announced the grant of 631,630 Deferred Share Units (DSUs) to its non-executive board members. This move, effective September 30, 2026, aims to align the interests of directors with shareholders. The DSUs come under the Omnibus Equity Incentive Plan, reshaped to comply with U.S. tax and Delaware corporate laws, originally approved on September 4, 2025. The grant references director fees for the quarter ending September 30, 2026.

Based in Wilmington, the company focuses on creating a domestic U.S. supply of high-purity manganese products through its North Star Manganese Project. With no current domestic U.S. production of key manganese products, this project marks a strategic shift towards reducing foreign dependency. The DSU initiative is part of Electric Metals' broader strategy to secure critical mineral independence for the U.S. market.