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Electric Metals Grants Deferred Share Units to Board Members

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Electric Metals Grants Deferred Share Units to Board Members

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The latest announcement is out from Electric Metals ( (TSE:EML) ).

Electric Metals (USA) Limited announced the grant of 310,845 Deferred Share Units (DSUs) to non-executive members of its Board of Directors, aligning directors’ interests with those of shareholders. This move, under the company’s Omnibus Equity Incentive Plan, reflects the strategic importance of the North Star Manganese Project, a key asset in the clean energy sector, and highlights the company’s commitment to advancing its mission in the critical minerals industry.

More about Electric Metals

Electric Metals (USA) Limited is a U.S.-based critical minerals company focused on advancing manganese and silver projects to support the clean energy transition. Its principal asset is the North Star Manganese Project in Minnesota, which is the highest-grade manganese deposit in North America. The company aims to establish a fully domestic U.S. supply of high-purity manganese products for the North American electric vehicle battery, technology, and industrial markets.

Average Trading Volume: 225,579

Technical Sentiment Signal: Strong Buy

Current Market Cap: C$70.2M

For an in-depth examination of EML stock, go to TipRanks’ Overview page.

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