Galvanic Applied Sciences announces grant of options
April 01 2013 - 1:31PM
PR Newswire (Canada)
CALGARY,
April 1, 2013 /CNW/ - The
Directors of Galvanic Applied Sciences Inc. (TSX-V: GAV) (the
"Company") announces the grant of incentive stock options to
acquire an aggregate of 50,000 common shares of the company to the
Chief Executive officer pursuant to the Company's Stock Option
Plan. The options are exercisable at an exercise price of
$1.46 per common share, have an
expiry date of March 27, 2018 and
vest equally over three years on the anniversary date of the grant.
This issue represents less than 1% of the Company's current issued
and outstanding shares.
The Company's Stock Option Plan received approval
of shareholders at the Company's annual and special meeting held on
August 23, 2012. The aggregate number
of common shares that may be issued pursuant to the exercise of
options awarded under the Stock Option Plan and all other security
based compensation arrangements of the Company is 10% of the common
shares issued and outstanding from time to time.
The TSX Venture Exchange has not reviewed and
does not accept responsibility for the adequacy or accuracy of this
release. The news release may contain forward-looking information.
Actual future results may differ materially from those
contemplated.
SOURCE Galvanic Applied Sciences Inc.
Copyright 2013 Canada NewsWire
Galvanic Applied Scs (TSXV:GAV)
Historical Stock Chart
From Aug 2024 to Sep 2024
Galvanic Applied Scs (TSXV:GAV)
Historical Stock Chart
From Sep 2023 to Sep 2024
Real-Time news about Galvanic Applied Scs (TSX Venture Exchange): 0 recent articles
More Galvanic Applied Sciences Inc. News Articles