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Highland Copper Announces Grant of Stock Options, Restricted Share Units and Deferred Share Units

HDRSF
  • Highland Copper Company Inc. approved the grant of 3,767,969 incentive stock options, 1,608,530 Restricted Share Units, & 1,086,207 Deferred Share Units to directors, executive officers, & employees subject to regulatory approval.
  • The stock options have an exercise price of $0.145 per share, a five-year term, & vest one-third immediately with the remaining balance vesting on the first & second anniversaries.
  • Restricted Share Units & Deferred Share Units vest one-third on each of the first, second, & third anniversaries of the grant.
  • The Company is developing the Copperwood Project in Michigan's Upper Peninsula & holds 738,188,122 common shares issued & outstanding.
  • Shares trade on the TSX Venture Exchange under symbol "HI" & on the OTCQB Venture Market under symbol "HDRSF".