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Vitreous Glass Announces Grant of Deferred Share Units



Vitreous Glass Inc.
 

AIRDRIE, ALBERTA: December 11, 2024 – TheNewswire - Vitreous Glass Inc. (TSXV:VCI) (the "Corporation") announces that it has granted 192 deferred share units (the "DSUs") to an independent director. The DSUs were granted as a non-cash settlement of dividends earned on previously issued and outstanding DSUs held by the independent director and relating to dividend paid by the corporation on common shares on November 15, 2024.

The DSUs were granted under the DSU plan adopted in 2022. The DSUs vest immediately and entitle the holder to receive one share of the Company, or a cash payment equal to the value of one share of the Company, at the time the holder ceases to be a director of the Company.

 

For further information, please contact:

VITREOUS GLASS INC.

Pat Cashion, President

(403) 948-7811

 

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

 

Not for Dissemination to the US or to US Newswires