03:21:06 EDT Thu 16 May 2024
Enter Symbol
or Name
USA
CA



NorthIsle Copper and Gold Inc
Symbol NCX
Shares Issued 233,302,487
Close 2024-04-01 C$ 0.50
Market Cap C$ 116,651,244
Recent Sedar Documents

NorthIsle grants 433,800 RSUs, 50-cent options

2024-04-01 18:01 ET - News Release

Mr. Nicholas Van Dyk reports

NORTHISLE ANNOUNCES ISSUANCE OF SHARE-BASED COMPENSATION

NorthIsle Copper and Gold Inc.'s board of directors has approved the issuance of 150,000 stock options pursuant to the company's incentive stock option plan. The options provide for the purchase of an aggregate of 150,000 common shares of the company at an exercise price of 50 cents per share, which is the closing price for the common shares on the TSX Venture Exchange as of April 1, 2024. All of the options have a five-year term and vest 12 months from the issuance date.

In addition, the board of directors has approved the issuance of 433,800 restricted share units, pursuant to the company's share unit plan. The RSUs will vest one-third per year commencing April 1, 2025.

Further terms of the options and RSUs can be found in the stock option plan and share unit plan as filed on SEDAR+.

About NorthIsle Copper and Gold Inc.

NorthIsle is a Vancouver-based company whose mission is to become Canada's leading sustainable mineral resource company for the future. NorthIsle owns the North Island project, which is one of the most promising copper and gold porphyry deposits in Canada. The North Island project is located near Port Hardy, B.C., on a more than 34,000-hectare block of mineral titles 100 per cent owned by NorthIsle stretching 50 kilometres northwest from the closed Island Copper mine operated previously by BHP Billiton. NorthIsle completed an updated preliminary economic assessment for the North Island project in 2021 and is focused on advancement of the project while continuing exploration within this highly prospective land package.

We seek Safe Harbor.

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