06/28/2024 | Press release | Distributed by Public on 06/28/2024 15:37
Vicinity Motor Corp. Issues DSUs |
[Link] |
VANCOUVER, BC / ACCESSWIRE / June 28, 2024 / Vicinity Motor Corp. (NASDAQ:VEV)(TSXV:VMC) ("Vicinity" or the "Company"), a North American supplier of commercial electric vehicles, today announces the granting of Deferred Share Units ("DSUs"). Certain Eligible Directors have requested that their respective director's remuneration for the calendar year 2024 be paid in DSUs and accordingly, the Company has granted 273,510 DSUs in connection with Directors Remuneration for the second quarter.
About Vicinity Motor Corp.
Company Contact:
Investor Relations Contact: Neither the TSX-V nor its Regulation Service Provider (as that term is defined in the policies of the TSX-V) accepts responsibility for the adequacy or accuracy of this release.
Cautionary Note Regarding Forward-Looking Statements Important factors that could cause actual results to differ materially from Vicinity's expectations include uncertainties relating to the economic conditions in the markets in which Vicinity operates, vehicle sales volume, anticipated future sales growth, the success of Vicinity's operational strategies, the timing of the completion of the vehicle assembly facility in the State of Washington, the effect of the COVID-19 pandemic, related government-imposed restrictions on operations, the success of Vicinity's strategic partnerships; and other risk and uncertainties disclosed in Vicinity's reports and documents filed with applicable securities regulatory authorities from time to time. Vicinity's forward-looking statements reflect the beliefs, opinions and projections on the date the statements are made. Vicinity assumes no obligation to update the forward-looking statements or beliefs, opinions, projections, or other factors, should they change, except as required by law. SOURCE: Vicinity Motor Corp. View the original press release on accesswire.com |
6/28/2024 5:30:00 PM |