First Growth Grants Stock Options
June 27 2014 - 7:00PM
Access Wire
VANCOUVER, BRITISH
COLUMBIA / ACCESSWIRE / June 27,
2014/ First Growth Holdings Ltd. ("First Growth" or the
"Company")
(TSX-V: FGH), reports that it has granted incentive stock options
to certain directors, officers, employees, and consultants for the
Company to purchase up to 2,675,000 common shares in the capital of
the Company pursuant to its Stock Option Plan. The options are
exercisable on or before June 23, 2019 at an exercise price of
$0.30 per share.
About First
Growth
First Growth is a Canadian-based
company that identifies and develops strong brands in the Canadian
and international markets. Strong brands have a global reach in
today's modern world with the rapid adoption of social media and
advancements in technology. First Growth recognizes the potential
for certain brands to penetrate international markets and will be
focused on developing each one of its brands to its fullest
potential.
WineOnline Marketing Company Ltd. is
the first brand that First Growth will develop. WineOnline, through
its website WineOnline.ca, allows customers to shop for great
unique wines that are not readily available in most stores, and
have the wine delivered to your home or office. The
direct-to-customer online wine business in Canada is far behind
first world peer countries. First Growth views this as an enormous
opportunity for the right brand to establish itself as the industry
leader. Acquiring WineOnline, which is an established brand in
Ontario and has been since 2004, was the perfect opportunity to
grow an existing business into a national leading online
retailer.
Leveraging the relationships that
WineOnline has established with some of the best wineries around
the world, First Growth plans to import some of those brands into
China, one of the fastest growing wine markets in the world. This
emerging market is still in the infancy stage with massive
potential for exponential growth. First Growth's team has intimate
knowledge of the wine market in China that will assist in our rapid
entry into the wine market.
First Growth will be evaluating and
exploring other brands that have international opportunities for
growth and investing in them in order to create increased
shareholder value.
ON BEHALF OF
FIRST GROWTH HOLDINGS LTD.:
"J. Paul Guedes"
J. Paul Guedes
President
FOR MORE
INFORMATION, PLEASE CONTACT:
Corporate Communications
Tel: 604.688.9588
Email:
info@firstgrowthholdings.com
Neither the TSX Venture Exchange nor
its Regulation Services Provider (as that term is defined in the
policies of the Exchange) accepts responsibility for the adequacy
or accuracy of this release.
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