Options? 3 million at $0.45 - not sure how this helps??? NUBEVA GRANTS STOCK OPTIONS
Nubeva Technologies Ltd. has granted three million stock options to officers and directors of the company pursuant to the company's share option plan.
The options vest over 48 months in equal monthly instalments and are exercisable for a period of 10 years from the date of grant at an exercise price of 45 cents per share. The total options outstanding are now 7,562,761 or approximately 13 per cent of the company's issued and outstanding common shares, which at the date of this release are 56,790,705. This stock option grant is subject to the approval of the TSX Venture Exchange.