NANAIMO, BC, April 21, 2021 /CNW/ - Atlas Engineered Products
("Alas", "AEP" or the "Company") (TSX-V: AEP) (OTC Markets: APEUF)
announces that the Company has granted a total of 350,000 incentive
stock options to its directors and officers in accordance with the
Company's stock option plan. Each option is exercisable into
one common share of the Company at a price of $0.29 per share, being the closing price of the
Company's common shares on the TSX Venture Exchange on April 20, 2021. The options will vest and
become exercisable in equal 1/3 tranches every 6 months over a
period of 18 months from the grant date, and will expire on
April 21, 2026.
About Atlas Engineered Products Ltd.
AEP is a growth company that is acquiring and operating
profitable, well-established operations in Canada's truss and engineered products
industry. We have a well-defined and disciplined acquisition and
operating growth strategy enabling us to scale aggressively and
apply new technologies, giving us a unique opportunity to
consolidate a fragmented industry of independent operators.
NEITHER THE TSX VENTURE EXCHANGE NOR ITS REGULATION SERVICES
PROVIDER (AS THAT TERM IS DEFINED IN THE POLICIES OF THE TSX
VENTURE EXCHANGE) ACCEPTS RESPONSIBILITY FOR THE ADEQUACY OR
ACCURACY OF THIS RELEASE.
SOURCE Atlas Engineered Products Ltd.