PPX Mining Corp. Grants Share Units to CEO

PPX Mining Corp. has announced the issuance of 1,167,567 deferred share units (DSUs) and 778,378 restricted share units (RSUs) to its President and CEO, Ernest Mast. The company, trading under the TSXV:PPX and BVL:PPX symbols, detailed that these RSUs will vest over three years, in equal installments on the anniversaries following the grant date. Meanwhile, DSUs vest on the 20th business day after the recipient ceases eligibility under the company's equity incentive plan, with a minimum one-year vesting period. Each unit, upon vesting, allows for the acquisition of one common share. These issuances form part of the company’s 10% rolling equity incentive plan approved by shareholders last December.