Trident Resources hires marketing firm, grants equity awards

Trident Resources Corp. (TSX-V: ROCK) (OTCQB: TRDTF) announced it has engaged New Era Publishing Inc. for marketing and investor awareness services under a three-month agreement beginning January 2, 2025.

The Vancouver-based mineral exploration company will pay New Era Publishing $100,000 upfront and an additional $150,000 upon completion of the initial term. The agreement may continue on a month-to-month basis afterward, subject to mutually agreed expenditures.

New Era Publishing will design and implement an advertising and investor awareness campaign using online platforms and physical marketing strategies, including direct mail distribution to targeted audiences. The company stated that New Era Publishing does not own any Trident securities and operates at arm's length from the company.

Separately, Trident granted 2,980,000 restricted share units to directors, officers, consultants and employees. The RSUs vest over two years under the company's new Equity Incentive Plan, which was approved by the board of directors.

Each vested RSU entitles the holder to receive one common share or equivalent cash payment. The grants require shareholder approval at the next annual general meeting, along with ratification of the Equity Incentive Plan. If shareholders do not approve the plan, the RSUs will be cancelled.

The plan allows Trident to grant stock options up to 10% of total outstanding shares and performance-based awards up to 3,260,180 shares, representing 10% of issued shares as of the plan's adoption date.

Both the marketing agreement and RSU grants are subject to TSX Venture Exchange approval.

Trident focuses on gold and copper exploration projects in Saskatchewan, including the Contact Lake and Greywacke Lake gold projects and the Knife Lake copper project.

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