Shelf Drilling (SHLLF) has released an update.
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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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