Mr. Steve Regoci reports
GARIBALDI ANNOUNCES ADOPTION OF EQUITY INCENTIVE PLAN
At Garibaldi Resources Corp.'s annual general and special meeting held on Dec. 28, 2023, the shareholders approved the entire agenda in the notice of meeting, including the notice of an equity incentive plan which has a 10-per-cent rolling stock option component and fixed restricted share unit, performance share unit, and deferred share unit components reserving an aggregate of 13,740,285 shares for issuance. Shareholder approval of the plan must be obtained annually at the company's annual general meeting. In addition, the plan must be submitted to the TSX Venture Exchange for review and acceptance on an annual basis.
The company also announces that, at the company's annual general and special meeting held on Dec. 30, 2022, the shareholders adopted an equity incentive plan which has a 10-per-cent rolling stock option component and fixed restricted share unit, performance share unit, and deferred share unit components reserving an aggregate of 12,726,552 shares for issuance. Shareholder approval of the 2022 plan must be obtained annually at the company's annual general meeting. In addition, the plan must be submitted to the TSX Venture Exchange for review and acceptance on an annual basis.
About Garibaldi Resources Corp.
Garibaldi Resources is an active Canadian-based junior exploration company focused on creating shareholder value through discoveries and strategic development of its assets in some of the most prolific mining regions in British Columbia and Mexico.
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