Euro Manganese Inc
TSXV:EMNView on OTCQB

  • LAST PRICE
    0.0450
  • TODAY'S CHANGE (%)
    0.0000 (0.0000%)
  • Bid / Lots
    0.0450/ 49
  • Ask / Lots
    0.0500/ 365
  • Open / Previous Close
    0.0450 / 0.0450
  • Day Range
    0.0450
    0.0475
  • 52 Week Range
    0.0350
    0.1900
  • Volume
    27,000

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  • Nov 13, 2024

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    • 3:45PM ET on Wednesday Nov 13, 2024 by MT Newswires
      Companies Mentioned: EMN
      03:45 PM EST, 11/13/2024 (MT Newswires) -- Euro Manganese (EMN.V) said late Wednesday afternoon chief financial officer Martina Blahova will serve as interim chief executive officer, effective Tuesday. She replaces Matthew James, who resigned as CEO...

    • 3:24PM ET on Wednesday Nov 13, 2024 by MT Newswires
      Companies Mentioned: EMN
      03:24 PM EST, 11/13/2024 (MT Newswires) -- ...

    • 3:24PM ET on Wednesday Nov 13, 2024 by MT Newswires
      Companies Mentioned: EMN
      03:24 PM EST, 11/13/2024 (MT Newswires) -- ...

    • 3:22PM ET on Wednesday Nov 13, 2024 by Dow Jones
      Companies Mentioned: EMN

      The key remuneration and contract terms related to Ms. Blahova's new employment agreement are set out below:
      Effective Date: 12 November 2024 Term: Interim CEO Fixed Annual Remuneration (FAR): FAR of CAD$450,000 per annum, to be taken as cash. Incentives: Short Term Incentive Plan (STIP): Ms. Blahova is eligible for a short term incentive plan of up to 75% of her FAR based on the achievement of certain corporate and individual performance targets, payable as a cash bonus. The minimum award is nil, which would occur if the threshold level of performance is missed on each STIP measure, if individual performance does not warrant an award, or if the Board determines that no award be made. Annual awards under STIP are subject Ms. Blahova's individual performance (achievements and conduct) and EMN and Ms. Blahova achieving Board-approved targets. Long Term Incentive Plan (LTIP): The form of Ms. Blahova's participation in EMN's LTIP is by way of Stock Option Plan and Board approval. Stock options granted to Ms. Blahova can range from 0% - 100% of the target LTIP opportunity, based upon the achievement of corporate and individual performance targets. Ms. Blahova's annual performance is measured against corporate and individual performance objectives, the weighting of each being dependent upon her role in the organization and relative influence over corporate performance objectives. Any future stock option grants to Ms. Blahova are expected to have an expiry of 10 years, and the vesting schedule will be: (A) 50% of the stock option grant will vest 1/3 (or 16.66% of the total grant) on the first anniversary of the date of the grant, 1/3 (or 16.67% of the total grant) on the second anniversary of the date of the grant, and 1/3 (or 16.67% of the total grant) on the third anniversary of the date of the grant, all subject to the Board's discretion; and (B) 50% of the stock option grant will vest on corporate goals/hurdles to be set at the time of the grant, all subject to the Board's discretion. Termination Provisions: Resignation by Ms. Blahova Ms. Blahova may terminate her employment at any time by giving EMN not less than six weeks' written notice. EMN may waive or reduce this notice requirement. Termination by EMN with Notice The Company may terminate Ms. Blahova's employment at any time by giving three months' notice, which can be waived by either party. Additionally, upon a termination without cause, all unvested stock options shall vest. Termination by EMN Without Notice Upon the Company's termination of Ms. Blahova's employment for cause, Ms. Blahova shall not be entitled to reasonable written notice of termination or pay in lieu of notice of termination, or any other compensation or damages for severance. Restraint Ms. Blahova has a limited 12-month post-employment restraint.

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