on Bird River Resources Inc. (CVE:BDR)
Bird River Resources Issues DSU and Stock Option Grants
Bird River Resources Inc. has announced the issuance of 1,661,864 deferred share units (DSUs). These were allocated to a director, officer, and two employees, based on their services until November 30, 2025. Each DSU, priced at $0.15, allows its holder to receive one company share or, in specific cases, an equivalent cash payment. Additionally, 100,000 stock options were granted to an external consultant. These options are immediately exercisable for one share each at $0.16 for a five-year term.
Both DSUs and options are governed by Bird River's updated equity incentive plan, effective since October 8, 2025, and ratified by shareholders on November 13, 2025. This move aligns with the company's strategic compensation framework.
R. P.
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