Q2 Metals Corp. Grants Equity Incentive Awards

On December 20, 2024, Q2 Metals Corp., a mineral exploration company, announced the granting of stock options and share units. The company granted 2,500,000 stock options to directors, officers, and consultants, with an exercise price of $0.82 per share until 2029. Additionally, 750,000 deferred share units (DSUs) and 6,000,000 performance share units (PSUs) were granted to selected directors and executive officers.

The DSUs will vest after one year and settle when a director departs. The PSUs will vest after meeting specific performance objectives within five years. Once vested, DSUs and PSUs can be converted into common shares or their cash equivalent, as decided by the board.

The equity incentive plan aims to align interests and promote long-term success, with a provision to issue up to 13,041,422 common shares as performance-based awards. This initiative seeks to drive shareholder value.