Metalex Announces Grant of Deferred Share Units
METALEX ANNOUNCES GRANT OF
DEFERRED SHARE UNITS
KELOWNA, BC
,
May 13, 2022
/CNW/ -
Metalex Ventures Ltd
. (TSXV: MTX) (the "
Company
")
announces that it has granted an aggregate of 300,000 deferred share units (the "
DSUs
") to two
independent directors at a deemed price of
$0.05
per DSU. The DSUs were granted in
consideration for services provided by the directors for the quarter ended
January 31
, 2022. The
DSUs were granted under DSU plans adopted in 2013. The DSUs vest immediately and entitle the
holder to receive one share of the Company, or a cash payment equal to the value of one share of
the Company, at the time the holder ceases to be a director of the Company.
Neither 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
release.
SOURCE
Metalex Ventures Ltd.
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http://www.newswire.ca/en/releases/archive/May2022/13/c9057.html
%SEDAR: 00008159E
For further information:
Chad Ulansky, President & CEO, 250-860-8599,
CO: Metalex Ventures Ltd.
CNW 19:13e 13-MAY-22