Santacruz Silver Announces New Equity Incentive Grants

Santacruz Silver Mining (TSE:SCZ) has released an update.

Santacruz Silver Mining Ltd. has announced the issuance of various equity incentives, including deferred, restricted, and performance share units, as well as stock options, to its directors, officers, employees, and consultants. These grants, under the 2023 Omnibus Equity Incentive Plan, aim to align compensation with the company’s long-term goals. The incentives are set at a 16% premium over the recent closing market price and have specific vesting conditions to encourage performance and retention.

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