EVGN:CC - InvestorNewsBreaks - EverGen Infrastructure Corp. (TSX.V: EVGN) (OTCQX: EVGIF) Issues Company Shares to Certain Board Members
EverGen (TSX.V: EVGN) (OTCQX: EVGIF), Canada’s renewable natural gas (“RNG”) infrastructure platform, has granted a total of 38,930 deferred share units and 187,860 stock options to some members of its board of directors. According to the announcement, the units and stock options “represents remuneration for serving on the board of directors for the annual period ending December 31, 2023, and the grant of 187,860 stock options represents long-term incentive compensation.” The company noted that each stock option is exercisable into one common share of the company at an exercise price of $2.44 per share; the stock options are valid for seven years and vest annually over a three-year period. In addition, EverGen has applied to the TSX Venture Exchange “to amend the term of 140,000 performance share units and 92,649 stock options issued to a consultant to the company. The company noted that the application was approved and that shareholder approval is not required for the proposed amendments.
To view the full press release, visit https://ibn.fm/mcDfR
About EverGen Infrastructure Corp.
EverGen, Canada’s renewable natural gas infrastructure platform, is combating climate change and helping communities contribute to a sustainable future. Headquartered on the west coast of Canada, EverGen is an established independent renewable energy producer that acquires, develops, builds, owns and operates a portfolio of renewable natural gas, waste-to-energy and related infrastructure projects. EverGen is focused on Canada, with continued growth expected across other regions in North America and beyond. For more information about EverGen and its products, visit www.EverGenInfra.com.
NOTE TO INVESTORS: The latest news and updates relating to EVGIF are available in the company’s newsroom at https://ibn.fm/EVGIF
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