Jaguar Uranium shareholders will vote September 22 on six directors, an equity-plan amendment raising the award limit from 10% to 15%, and auditor ratification. The board recommends approval of every proposal, giving investors decisions on board composition, potential Equity awards and Davidson & Company LLP’s appointment for the fiscal year ending December 31, 2026.

Key Highlights

  • The proposed equity-plan amendment would lift the award limit from 10% to 15% of Fully Diluted Shares at grant.
  • Shareholders of record on August 10 will be eligible to vote at the virtual annual meeting.
  • Shareholders will vote on September 22 to elect six directors, amend the Equity Incentive Plan and ratify auditors.

Jaguar Uranium Corp. (AMEX: JAGU) will ask shareholders on September 22 to elect six directors, approve an amendment to its Equity Incentive Plan and ratify its auditors. The meeting will be held in a virtual-only format. The board recommends voting FOR all three proposals. Shareholders of record on August 10 are being solicited for votes at the annual meeting and any adjournments or postponements. The ballot combines board elections with a proposed increase in the number of shares available for incentive awards and approval of the company’s independent accounting firm.

The board supports each nominee. The board also recommends a FOR vote on the amendment. The board recommends approval of the auditors.

Equity Plan Cap Moves to 15%

The proposed amendment would increase the maximum number of shares issuable for incentive awards from 10% to 15% of shares issued and outstanding on a fully diluted basis at the date an award is granted. The board approved Amendment No. 1 on June 25, subject to Shareholder approval. The plan permits options, restricted stock units and other share-based awards for eligible employees, directors, officers and consultants. The board said the higher award capacity is intended to help attract, retain and motivate those participants. Approval would therefore change the plan’s permitted award level from the current 10% threshold to 15%.

Auditor Appointment and Executive Pay

The compensation table lists Luis Ducassi, Steven Gold and William Avery as named executive officers. Ducassi, executive chairman, received a 2025 salary of $135,000, a $75,000 Bonus and total compensation of $210,000. Gold, president and chief executive officer, received a $163,500 salary, a $75,000 bonus and total compensation of $238,500. Avery, chief financial officer, received a $150,000 salary, a $75,000 bonus and total compensation of $225,000. Their employment agreements became effective on August 1. Ducassi and Gold each have an annual base salary of $250,000, while Avery’s annual base salary is $200,000. A Liquidity event would also result in Options for 250,000 common shares for Ducassi, 250,000 for Gold and 200,000 for Avery, exercisable at the liquidity-event price.