Three Valley Copper Announces Grant of Deferred Share Units and Restricted Share Units
October 08 2021 - 6:00PM
(TSXV: TVC) Three Valley Copper Corp. (“
Three Valley
Copper” or the “
Company”) announces that
it has granted 234,075 Deferred Share Units (DSUs) to directors and
49,938 Restricted Share Units (RSUs) to the CEO pursuant to its
long-term incentive plan.
The Company intends to grant DSUs quarterly to
its directors, with each grant representing one-half of each
director’s board retainer, payable in cash or common shares of the
Company, upon the holder ceasing to be a director of the Company.
The 234,075 DSUs granted reflect the total of owed to directors for
the quarters ending March 31, 2021, June 30, 2021 and September 30,
2021.
The RSUs granted to the CEO represent 20% of the
base compensation of the CEO and are payable in common shares of
the Company on exercise, and vest on January 1 of the second
calendar year after the date of grant. The Company intends to grant
additional RSUs representing 20% of the base compensation of the
CEO on a quarterly basis.
About Three Valley Copper
Three Valley Copper, headquartered in Toronto,
Ontario, Canada is focused on growing copper production from, and
further exploration of, its primary asset, Minera Tres Valles.
Located in Salamanca, Chile, MTV is 91.1% owned by the Company and
MTV's main assets are the Minera Tres Valles mining complex and its
46,000 hectares of exploratory lands. For more information about
the Company, please visit www.threevalleycopper.com.
For further information:
Michael StaresinicChief Executive OfficerT:
(416) 943-7107E: mstaresinic@threevalleycopper.com
Renmark Financial Communications Inc.Joshua
Lavers: jlavers@renmarkfinancial.comT: (416) 644-2020 or (212)
812-7680www.renmarkfinancial.com
Source: Three Valley Copper.
Neither the TSX Venture Exchange nor its
Regulation Services Provider (as that term is defined in the
policies of the TSX Venture Exchange) accepts responsibility for
the adequacy or accuracy of this news release.
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