Mason Graphite Inc (TSX-V:LLG, OTCQX:MGPHF) announced shareholder approval of the New Stock Option Plan. This plan, compliant with TSX Venture Exchange guidelines, allows the issuance of options for up to 10% of outstanding common shares at the grant date.
Effective immediately, it replaces the legacy plan. Any future options, amendments, or disclosures regarding directors, officers, or investor relations service providers will be made public through press releases.
The move underscores Mason's commitment to governance and transparency, aligning equity-based compensation with growth objectives.