Metasphere Labs Awards Restricted Share Units to Executives
Vancouver, British Columbia -- March 28, 2025 -- NewsGenie -- Metasphere Labs Inc. (CSE: LABZ ) (OTC: LABZF) (FRA: H1N) has announced the grant of 3,000,000 restricted share units (RSUs) to its officers and directors under the company’s restricted share unit plan. These RSUs allow the recipients to acquire one common share of Metasphere for each RSU by delivering a trigger notice within three years of issuance. The RSUs will vest quarterly in 25% tranches.
The RSU Plan is subject to shareholder approval at the next annual general and special meeting. Conversion of vested RSUs into shares depends on the plan's re-approval by shareholders.
Metasphere Labs Inc. focuses on integrating blockchain technology into practical applications, emphasizing environmental sustainability and social impact through decentralized solutions.
For further details, contact Natasha Ingram, CEO, at info@metasphere.earth or 604-687-2038.
This announcement includes forward-looking statements regarding shareholder approvals, private placements, and the development of blockchain projects, subject to risks including market conditions, regulatory factors, and technological changes as detailed in the company's filings at www.sedarplus.ca.