Newsfile Corp
05 Jun 2026, 21:30 UTC · 2h ago
District Announces Equity Grant

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Newsfile Corp
05 Jun 2026, 21:30 UTC · 2h ago

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District Metals Corp. granted 2,820,000 incentive stock options, 775,000 restricted share units, and 600,000 deferred share units to personnel. — The issuance of a significant number of options and units creates potential future share dilution for existing shareholders.
-0.20The exercise price for the new incentive stock options is set at $0.75 per common share. — This is a standard administrative marker reflecting the closing price and does not fundamentally change company value.
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The announcement regarding the granting of incentive stock options and RSUs to employees and directors is a routine corporate governance matter.
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