VANCOUVER, BC, Jan. 24, 2024 /CNW/ - Macarthur Minerals Limited (TSXV: MMS) (ASX: MIO) (OTCQB: MMSDF) (the Company or Macarthur), announces that pursuant to the Company's Share Compensation Plans ("Plans"), the Board of Directors of the Company has granted an aggregate of 2,800,000 restricted share units ("RSUs") to acquire common shares of the Company in accordance with the Plans, of which 2,500,000 were granted to directors of the Company, and the remaining RSUs were awarded to employees and consultant. The RSUs vest in the event that the closing share price of the Company's shares on the ASX is greater than A$0.20 for 20 consecutive trading days and expiring three years from the date of issue.
Read more at newswire.caProvided Content: Content provided by Newswire.ca. The Globe and Mail was not involved, and material was not reviewed prior to publication.