Revolve Renewable Power Corp. Grants Deferred Share Units and Stock Options

Revolve Renewable Power Corp., based in Vancouver, announced the grant of 300,957 Deferred Share Units (DSUs) to its directors, effective December 16, 2024. Issued under the company's DSU Plan from July 2022, each DSU allows the holder to receive a company share or equivalent cash upon leaving the board. The DSUs, priced at C$0.31 per share, will vest after one year and replace cash fees for Q1 2025.

Additionally, Revolve granted 500,000 incentive stock options to new CEO Michael Clark. These options, pending regulatory approval, are part of a stock option plan from the December 2024 meeting and are exercisable at $0.50 per share. They too will vest after a year and expire on December 16, 2027. The company reserves 10% of its shares for this stock option plan.