Expect a news MondayThey have the 3rd segment of the Bonus plan being released Tuesday (Oct 1st, 2013)
ALLANA POTASH CORP.
Page
14
NOTES TO THE CONDENSED INTERIM CONSOLIDATED FINANCIAL STATEMENTS
April 30, 2013 and 2012
(Unaudited)
(Presented in Canadian dollars)
11
.
Share Capital
(Continu
ed)
(iii)
Share bonus plan
In December 2011, the shareholders of the Company approved a share bonus plan whereby an aggregate of up to 2.5 million
common shares of the Company have been reserved for issuance to officers, directors and employees of the Compa
ny.
On January 28, 2013, the board approved the issue of up to 1,845,000 common shares pursuant to the Share bonus plan,
subject
to the terms of the share bonus plan and
final approval by the President prior to issuance on the following dates:
April 1,
2013
-
461,250 common shares (
valued at
$0.46 per common stock share)
July 1, 2013
-
461,250 common shares
October 1, 2013
-
461,250 common shares
January 1, 2014
-
461,250 common shares