ProStar Announces a Reduction in Operational Costs and Amends the Company’s Long-Term Incentive Plan
WM Technology(MAPS) GlobeNewswire·2024-12-19 21:02
GRAND JUNCTION, Colo., Dec. 19, 2024 (GLOBE NEWSWIRE) -- ProStar Holdings Inc., ("ProStar®" or "the Company") (TSXV: MAPS) (OTCQX: MAPPF) (FSE: 5D00), a world leader in Precision Mapping Solutions, announced it has taken additional measures to further streamline its operations and amended its employee long-term incentive plan. These operational savings cumulatively will reduce operating expenses by over CDN $1.3M, representing approximately a 27% decrease year over year. The savings are primarily related to ...