on Orogen Royalties Inc (CVE:OGN)
Orogen Royalties Announces Annual Equity Compensation Grant
Orogen Royalties Inc. has declared its annual equity compensation grant, distributing 132,000 Restricted Share Units (RSUs), 29,000 Deferred Share Units (DSUs), and 618,000 incentive Stock Options. This initiative forms a part of the company's Omnibus Equity Incentive Compensation Plan approved by shareholders in June 2025. The RSUs will fully vest two years post-grant, while DSUs will vest in equal parts on the third and fourth anniversaries, settling upon termination of service.
The Stock Options, valid for five years with an exercise price of $3.12, are set to vest over three years, with an immediate 25% vesting followed yearly by another 25%. These equity grants await regulatory acceptance from the TSX Venture Exchange. Orogen focuses on royalties associated with precious and base metals in western North America.
R. H.
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