01:25:16 EDT Mon 07 Jul 2025
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New Energy Metals Corp (3)
Symbol ENRG
Shares Issued 4,691,724
Close 2025-06-30 C$ 0.235
Market Cap C$ 1,102,555
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New Energy grants options, RSUs to directors, officers

2025-07-02 19:37 ET - News Release

Mr. Kenneth Kaczkowski reports

NEW ENERGY METALS ANNOUNCES GRANT OF OPTIONS AND RSUS

Pursuant to New Energy Metals Corp.'s omnibus equity incentive plan, the company has granted stock options and restricted share units (RSUs) to certain directors and officers of the company.

The company has granted an aggregate of 130,000 options to directors and officers of the company, exercisable at a price of 26 cents per share and will expire five years from the date of grant. The options will vest quarterly over a one-year period.

The company has also granted an aggregate of 90,000 RSUs to directors and officers of the company. The RSUs will vest semi-annually over a two-year period. Upon vesting, each RSU entitles the holder to receive one common share of the company.

About New Energy Metals Corp.

New Energy Metals is a Canadian-based resource company listed on the TSX Venture Exchange under the symbol ENRG. The company has an option to purchase a 100-per-cent interest in the Troitsa copper property covering approximately 7,000 hectares located in the Omineca mining division of British Columbia.

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