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Subsequent Events
3 Months Ended
Mar. 31, 2019
Subsequent Events  
Subsequent Events

10. Subsequent Event

 

Subsequent to the period end, the Company received the second $1,500 option payment for the GdlR Project on April 23, 2019, together with interest of $67. See also Note 4.

 

At the Company’s annual general meeting on May 2nd, 2019, a deferred share unit plan (the “DSU Plan”) was approved by shareholders. The DSU Plan allows the granting of deferred share units to non-employee directors. The Company will pay one Common Share for each deferred share unit only after the non-employee director has ceased to be a director of the Company. Additionally, the DSU Plan amended the LTIP such that non-employee directors are excluded from participation in the LTIP.