Purepoint Uranium Group Inc (TSX-V:PTU, OTCQX:PTUUF, FRA:P5X0) has approved the issuance of 2 million restricted share units (RSUs) to its directors under its Omnibus Equity Incentive Compensation Plan.
Each RSU entitles the holder to receive one common share upon vesting.
The RSUs will vest one year from the grant date and will expire on December 28, 2029.
The award is part of the company’s long-term equity-based compensation structure for directors.