GreenLight Metals grants 2.07M stock options

Awards include 238,378 RSUs and options priced at C$0.37, part of FY2025 pay for executives.

Apr. 9, 2026 at 8:24pm

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A minimalist studio still life featuring polished copper ingots and gold nuggets arranged elegantly on a clean, monochromatic background, conceptually representing the critical mineral exploration work of GreenLight Metals.Gleaming copper and gold signify GreenLight Metals' focus on critical mineral exploration and development.Medford Today

GreenLight Metals Inc. has announced the grant of 2,067,488 incentive stock options and 238,378 restricted share units under its amended and restated equity incentive plan. The options are exercisable at C$0.37 per common share and expire on April 9, 2033, with grants made to directors, executive officers, consultants, and an investor relations service provider. The RSUs granted to executive officers and a consultant vest in 2027 and 2028.

Why it matters

The equity incentive grants are part of GreenLight's compensation arrangements for fiscal year 2025, reflecting the company's efforts to retain and incentivize key personnel as it advances its copper-gold and gold projects in Wisconsin and Nevada.

The details

The options granted to directors, executive officers and consultants vest 25% on the grant date and 25% on each of the first, second and third anniversaries. The options granted to the investor relations service provider vest in four equal 25% tranches over 12 months. The RSUs granted to executive officers vest 50% in 2027 and 50% in 2028, while the RSUs granted to a consultant vest in full in 2027.

  • The options and RSUs were granted on April 9, 2026.
  • The options expire on April 9, 2033.
  • The RSUs granted to executive officers vest 50% on April 9, 2027 and 50% on April 9, 2028.
  • The RSUs granted to a consultant vest in full on April 9, 2027.

The players

GreenLight Metals Inc.

A Wisconsin-focused exploration company advancing copper-gold and gold projects across the Penokean Volcanic Belt and the Kalium Canyon epithermal gold project in Nevada's Walker Lane.

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What’s next

The grants remain subject to the policies of the TSX Venture Exchange and, where applicable, acceptance by the TSX Venture Exchange.

The takeaway

GreenLight Metals is utilizing equity-based compensation to incentivize and retain key personnel as it works to advance its portfolio of critical mineral exploration projects in Wisconsin and Nevada.