on Electric Metals (USA) Limited (CVE:EML)
Electric Metals (USA) Limited Grants Deferred Share Units to Non-Executive Directors
Electric Metals (USA) Limited has announced the grant of 468,643 Deferred Share Units (DSUs) to non-executive members of its Board of Directors as of June 30, 2026. These DSUs are part of the Company's Omnibus Equity Incentive Plan, approved by shareholders on September 4, 2025. The plan has been updated to comply with U.S. tax and Delaware corporate law requirements. This grant is aimed at aligning the interests of non-executive directors with those of shareholders.
The move comes as part of Electric Metals' broader mission to establish a domestic supply of high-purity manganese products in the U.S. through their North Star Manganese Project. The Company is focused on reducing reliance on foreign supply chains for critical minerals, essential for sectors like electric vehicles and energy storage.
R. E.
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