other material
confidence high
sentiment neutral
materiality 0.55
Chilean Cobalt adopts 2023 equity plan, re-elects CEO Blount, grants 750K options
Chilean Cobalt Corp.
- Shareholders holding 54.03% of common stock approved by written consent the 2023 Equity Incentive Plan and re-election of Duncan Blount as director.
- Plan reserves 1,963,746 shares of common stock for future equity awards to officers, directors, employees, and consultants.
- Board granted 750,000 stock options at $0.26/share to executives and directors; vest quarterly over three years, expire in 10 years.
- Key recipients: CEO Duncan Blount (300,000 shares), CFO Jim Van Horn (150,000 shares), COO Jeremy McCann (75,000 shares).
- Duncan Blount re-elected to a three-year term as director expiring June 30, 2026.