RE:RE:RE:RE:RE:Wonder why TVI appears to be holding share price down ?Hey Rooster
sid some digging and found the following
As at December 31, 2021, representing the end of the Corporation’s most recently completed financial year, 38,400,000 options were held by directors and executive officers to acquire additional common shares.
Given the Corporation has been in a continuous black-out period through all of 2019 and through to the date of this Information Circular, stock options that had been originally scheduled to expire in May 2019 and June 2020 have been extended in accordance with the Option Plan.
Accordingly, TVI’s Directors and executive officers, as a group, continue to hold the following stock options to purchase up to the following numbers of common shares until the dates shown:
a) 25,400,000 common shares exercisable at $0.015 per Common Share that were initially to expire in May 2019 but for which the expiration date has been extended (fully vested) as provided in the shareholder approved Option Plan;
b) 13,000,000 common shares exercisable at $0.015 per Common Share that were initially to expire in June 2020 but for which the expiration date has been extended (fully vested) as provided in the shareholder approved Option Plan.
Cheers
Bloojay