Mr. Chad Ulansky reports
METALEX ANNOUNCES GRANT OF DEFERRED SHARE UNITS
Metalex Ventures Ltd. has granted an aggregate of 300,000 deferred share units (the DSUs) to two independent directors at a deemed price of five cents per DSU. The DSUs were granted in consideration for services provided by the directors for the quarter ended Jan. 31, 2022. The DSUs were granted under DSU plans adopted in 2013. The DSUs vest immediately and entitle the holder to receive one share of the company, or a cash payment equal to the value of one share of the company, at the time the holder ceases to be a director of the company.
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