Magna Mining announces grants under its omnibus equity incentive plan

Magna Mining said it granted security-based compensation under its omnibus equity incentive plan, which shareholders approved on June 26, 2025; the plan is a rolling 10% program that authorizes options, restricted share units, performance share units and deferred share units.

Magna Mining announced grants of security-based compensation and said the awards were made under its omnibus equity incentive plan. The company noted that shareholders approved the Omnibus Plan on June 26, 2025. The plan is described as a rolling 10% program. The Omnibus Plan provides for multiple forms of awards, including options, restricted share units, performance share units and deferred share units. Key details: - The company announced grants of security-based compensation. - All grants were made under and in accordance with the Omnibus Plan approved by shareholders on June 26, 2025. - The Omnibus Plan is a rolling 10% plan tied to the company's issued and outstanding common shares. - The plan provides for options, restricted share units (RSUs), performance share units (PSUs) and deferred share units (DSUs). Summary: The announcement reports that Magna Mining used a shareholder-approved omnibus equity incentive plan to issue the grants, placing the awards within the company's existing compensation framework. Undetermined at this time.