International Battery Metals Grants Over 9 Million RSUs to CEO Under New Compensation Plan
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International Battery Metals Ltd. has granted CEO Joseph A. Mills 9,044,470 restricted share units (RSUs) under a new compensation plan. Vesting conditions include 300,000 RSUs after a successful stock exchange listing, and additional RSUs vesting upon achieving EBITDA milestones of $25 million and $50 million, as well as market capitalizations of $750 million and $1.5 billion. Further RSUs will vest on the first anniversary of the grant date.
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