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Ocumetics Technology Corp Issues 5 Million Restricted Share Units to CEO’s Consulting Firm
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Ocumetics Technology Corp Issues 5 Million Restricted Share Units to CEO’s Consulting Firm

Story Highlights
  • Ocumetics issued 5 million restricted share units to Grit Marketing Inc. under an RSU plan.
  • The RSU Plan, approved in 2024, aims to align consultant interests with company goals.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.

Invest with Confidence:

The latest update is out from Ocumetics Technology Corp ( (TSE:OTC) ).

Ocumetics Technology Corp has announced the issuance of 5,000,000 restricted share units to Grit Marketing Inc., the consulting firm of its President and CEO, Dean Burns. This initiative, approved by the board, is designed to incentivize the consultant to further the corporation’s progress, with units vesting upon meeting certain performance milestones. The RSU Plan, approved by shareholders in November 2024, aims to align the consultant’s interests with the company’s and is subject to the limitations set by TSX Venture Exchange policies.

More about Ocumetics Technology Corp

Ocumetics Technology Corp is a leader in advanced ophthalmic technology, focusing on innovative solutions in the medical field. The company is recognized for its work in developing cutting-edge products that contribute to eye health and vision improvement.

YTD Price Performance: 12.26%

Average Trading Volume: 17,089

Technical Sentiment Consensus Rating: Strong Sell

Current Market Cap: C$15.01M

For detailed information about OTC stock, go to TipRanks’ Stock Analysis page.

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