sur Gleason & Sons LLC (CVE:EMPR)
Empress Royalty Grants Restricted Share Units to New Board Member
Empress Royalty Corp. has announced the grant of 250,000 restricted share units (RSUs) to new board member Daniel Burns. This decision follows his appointment to the company's board of directors. The RSUs, priced at C$1.09 each, will vest over a two-year period. The first tranche will vest one year from the grant date. Each vested RSU allows the holder to receive one common share of Empress Royalty.
The grant aligns with the company's Equity Incentive Plan and the TSX Venture Exchange's policies. Empress Royalty, listed under TSXV:EMPR and OTCQX:EMPYF, emphasizes its growth strategy through royalty and streaming models, focusing on gold and silver investments globally. The company aims to offer diversified investment opportunities without requiring additional capital from investors.
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