Repeat $500,000 order announced today. 2021-09-09 12:07 ET - News Release
Mr. Michael Warren reports
EARTH ALIVE ANNOUNCES $500,000 EA1 PURCHASE ORDER AND STOCK OPTION GRANT
Earth Alive Clean Technologies Inc. has received a follow-on purchase order in the amount of approximately $500,000 (U.S.) for its proprietary ea1 dust suppressant from a customer in Mexico.
"We believe that the repeated business we have seen since 2019 from this first large-scale commercial customer is evidence of the value proposition that our disruptive dust suppressant technology brings to the market," said Earth Alive CEO, Michael Warren. "We expect to ship the totality of this order before the end of the current fiscal year".
Earth Alive also announces that, on September 8, 2021, it has granted stock options to purchase an aggregate total of 1,725,000 common shares of the Company to employees and executives. The options are exercisable at a price of $0.13 per share, have a term of five years, vest immediately and have been granted in accordance with the Company's stock option plan.