{"id":24188,"date":"2026-01-24T00:06:14","date_gmt":"2026-01-24T00:06:14","guid":{"rendered":"https:\/\/businesstriumphs.com\/index.php\/2026\/01\/24\/spartan-metals-announces-adoption-of-new-equity-incentive-plans-and-the-grant-of-security-based-compensation\/"},"modified":"2026-01-24T00:06:14","modified_gmt":"2026-01-24T00:06:14","slug":"spartan-metals-announces-adoption-of-new-equity-incentive-plans-and-the-grant-of-security-based-compensation","status":"publish","type":"post","link":"https:\/\/businesstriumphs.com\/index.php\/2026\/01\/24\/spartan-metals-announces-adoption-of-new-equity-incentive-plans-and-the-grant-of-security-based-compensation\/","title":{"rendered":"Spartan Metals \u2013 Announces Adoption of New Equity Incentive Plans and the Grant of Security-Based Compensation"},"content":{"rendered":"<\/p>\n
\n

(TheNewswire)<\/p>\n

\n<\/div>\n

Vancouver, Canada, January 23, 2026 TheNewswire \u2013 Spartan Metals Corp. (\u2018Spartan\u2019 or the \u2018Company\u2019) (TSX-V: W | OTCQB: SPRMF | FSE: J03) announces its shareholders have approved the Company\u2019s new 10% rolling stock option plan (the \u2018Option Plan\u2019) and it\u2019s share unit plan (the \u2018Share Unit Plan\u2019) (collectively the \u2018Equity Incentive Plans\u2019) at the Company\u2019s annual meeting of shareholders held on January 19, 2026 (the \u2018Shareholders\u2019 Meeting\u2019).<\/p>\n

\u00a0 <\/p>\n

The Equity Incentive Plans provide the Company with the ability to issue stock options (\u2018<\/span>Options<\/span>\u2018), restricted share units (\u2018<\/span>RSU\u2019s<\/span>\u2018) and deferred share units \u00a0(\u2018<\/span>DSU\u2019s<\/span>\u2018) to directors, officers, employees or consultants of the Company or its subsidiaries. The aggregate number of common shares reserved for issuance in connection with the Option Plan shall not exceed 10% of the issued and outstanding common shares of the Company at the time of grant. \u00a0The number of shares reserved for issuance under the Share Unit Plan shall not exceed 2,500,000 common shares.<\/span> <\/p>\n

\u00a0 <\/p>\n

Further details regarding the Equity Incentive Plans are included in the management information circular of the Company filed on SEDAR+ in connection with the Shareholders\u2019 Meeting.<\/span> <\/p>\n

\u00a0 <\/p>\n

The Company further announces it has granted an aggregate of 1,850,000 Options to directors, officers, employees and consultants of the Company in accordance with the Company\u2019s Option Plan. These Options are exercisable at $0.395per share for a period of five years. The Company also announces that it has granted an aggregate of 682,000 DSU\u2019s to directors and officers of the Company and 60,000 RSU\u2019s to eligible persons of the Company. The DSUs and RSUs are governed by the Company\u2019s Share Unit Plan and will be subject to applicable securities law hold periods.<\/span> <\/p>\n

\u00a0 <\/p>\n

About Spartan Metals Corp. <\/span> <\/p>\n

Spartan Metals is focused on developing critical minerals projects in well-established and stable mining jurisdictions in the Western United States, with an emphasis on building a portfolio of diverse strategic defense minerals such as Tungsten, Rubidium, Antimony, Bismuth, and Arsenic. <\/span> <\/p>\n

\u00a0 <\/p>\n

Spartan\u2019s flagship project is the Eagle Project in eastern Nevada that consists of one of the highest-grade historic tungsten resources in the USA (the past-producing Tungstonia Mine) along with significant under-defined resources consisting of: rubidium; antimony; bismuth; indium; as well as precious and base metals. More information about Spartan Metals can be found at <\/span>www.SpartanMetals.com<\/span><\/span> \u00a0 <\/p>\n

\u00a0 <\/p>\n

On behalf of the Board of Spartan<\/span> <\/p>\n

\u2018Brett Marsh\u2019<\/span> <\/p>\n

President, CEO & Director<\/span> <\/p>\n

\u00a0 <\/p>\n

Further Information:<\/span> <\/p>\n

Brett Marsh, M.Sc., MBA, CPG<\/span> <\/p>\n

President, CEO & Director<\/span> <\/p>\n

1-888-535-0325<\/span> <\/p>\n

info@spartanmetals.com<\/span><\/span> <\/p>\n

\u00a0 <\/p>\n

Neither the TSX Venture Exchange nor its Regulation Service Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this press release <\/span> <\/p>\n

\u00a0 <\/p>\n

Copyright (c) 2026 TheNewswire \u2013 All rights reserved.<\/p>\n<\/p>\n<\/div>\n

News Provided by TheNewsWire via QuoteMedia<\/p>\n<\/p>\n

This post appeared first on investingnews.com<\/div>\n","protected":false},"excerpt":{"rendered":"

(TheNewswire) Vancouver, Canada, January 23, 2026 TheNewswire \u2013 Spartan Metals Corp. (\u2018Spartan\u2019 or the \u2018Company\u2019) (TSX-V: W | OTCQB: SPRMF | FSE: J03) announces its shareholders have approved the Company\u2019s new 10% rolling stock option plan (the \u2018Option Plan\u2019) and it\u2019s share unit plan (the \u2018Share Unit Plan\u2019) (collectively the \u2018Equity Incentive Plans\u2019) at the […]<\/p>\n","protected":false},"author":0,"featured_media":24189,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[3],"tags":[],"class_list":["post-24188","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-investing"],"_links":{"self":[{"href":"https:\/\/businesstriumphs.com\/index.php\/wp-json\/wp\/v2\/posts\/24188","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/businesstriumphs.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/businesstriumphs.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/businesstriumphs.com\/index.php\/wp-json\/wp\/v2\/comments?post=24188"}],"version-history":[{"count":0,"href":"https:\/\/businesstriumphs.com\/index.php\/wp-json\/wp\/v2\/posts\/24188\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/businesstriumphs.com\/index.php\/wp-json\/wp\/v2\/media\/24189"}],"wp:attachment":[{"href":"https:\/\/businesstriumphs.com\/index.php\/wp-json\/wp\/v2\/media?parent=24188"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/businesstriumphs.com\/index.php\/wp-json\/wp\/v2\/categories?post=24188"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/businesstriumphs.com\/index.php\/wp-json\/wp\/v2\/tags?post=24188"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}