Empress grants 250,000 restricted share units to Burns

Executive Summary

• Empress Royalty Corp. granted 250,000 Restricted Share Units (RSUs) to newly appointed board member Daniel Burns under the company's equity incentive plan.
• The RSUs have a deemed grant price of $1.09 per unit and are scheduled to vest in equal installments over a two-year period.

Key Details

• Recipient: Daniel Burns (Director).
• Grant Size: 250,000 Restricted Share Units (RSUs).
• Deemed Price: $1.09 per unit.
• Vesting Schedule: Equal installments over a two-year period; first tranche vests one year from the date of grant.
• Settlement: Each vested RSU entitles the holder to receive one common share of the company.
• Conditions: Subject to the terms of the company's equity incentive plan and TSX Venture Exchange policies.