North American Tungsten Announces Severance Settlement With Former CEO
North American Tungsten Corp. Ltd. (NTC.V) has agreed a severance settlement with its former CEO and President, Stephen Leahy.
Leahy will receive a severance payment equal to 3 years' of base salary, which he has agreed to receive in 3 installments payable over 12 months. He will also receive 1 million common company shares in lieu of other benefits and severance entitlements, subject to TSX Venture Exchange approval.
The company last traded at $0.18, in the 52-week range of $0.095 - $0.26.
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