Shelf Drilling Issues New Shares to Board Members

Shelf Drilling (SHLLF) has released an update.

Shelf Drilling has announced the issuance of 155,771 new common shares as settlement of restricted stock units under its 2017 Long-Term Incentive Plan, rewarding several board members. Additionally, 33,716 new restricted stock units were granted to non-executive directors, which will vest in a year. This move highlights the company’s ongoing efforts to incentivize its leadership team.

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