LeanLife Issues stock options
February 07 2019 - 5:40PM
LeanLife Health Inc. (CSE: LLP) (the “Company”) announces that
pursuant to its 10% Rolling Stock Option Plan (the "Plan"), it has
granted incentive stock options to certain Officers, Directors and
Consultants entitling them to purchase an aggregate of 4,900,000
common shares of the Company at an exercise price of $0.05 per
share for a 3-year term expiring at close of business on February
7, 2022.
About LeanLife Health and the Omega-3
Market
LeanLife Health’s products are shelf-stable
extractions from flax seed, a plentiful and non-animal source of
Omega-3, that give them a significant advantage as a fortified food
ingredient.
The products can be used as food additives or as
nutraceuticals and have been used to make bread, noodles, cheese,
yogurt, juice and milk products for the European market.
LeanLife Health’s industry leading Omega-3
product formulations are of the highest quality and contain no
cholesterol. Products are available in oil, emulsion and powder
forms.
The global Omega-3 market reached $33 Billion
USD in 2016 and is expected to reach upwards of $57 Billion USD by
2025, according to a report by Grand View Research, Inc.
For more information, please contact:
Stan Lis, CEO604-764-0518SLis@LeanLifeHealth.com
Forward Looking Information
Information set forth in this news release
contains forward-looking statements that are based on assumptions
as of the date of this news release. These statements reflect
management's current estimates, beliefs, intentions and
expectations. They are not guarantees of future performance. The
Company cautions that all forward looking statements are inherently
uncertain and that actual performance may be affected by a number
of material factors, many of which are beyond the Company's control
including, the Company's ability to compete with large food
companies; sales of any potential products developed will be
profitable; the ability to complete sales under the sales
agreement. Accordingly, actual and future events, conditions
and results may differ materially from the estimates, beliefs,
intentions and expectations expressed or implied in the
forward-looking information. Except as required under applicable
securities legislation, the Company undertakes no obligation to
publicly update or revise forward-looking information.
THE CSE HAS NEITHER APPROVED NOR
DISAPPROVED THE INFORMATION CONTAINED HEREIN AND DOES NOT ACCEPT
RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS
RELEASE.
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