Touchstone Exploration Awards Key Employee Shares

Touchstone Exploration (TSE:TXP) has released an update.

Touchstone Exploration Inc. has reinforced its commitment to long-term incentives by awarding a combination of restricted share units (RSUs), performance share units (PSUs), and deferred share units (DSUs) to its executive officers, key employees, and non-executive directors. The RSUs are set to vest over the next three years, while the PSUs will vest in 2027, with the potential for a performance-based increase in the number of shares awarded. Non-executive directors have immediate vesting of DSUs but can only redeem them upon leaving the board, with all awards potentially being adjusted for dividend equivalents.

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