GREY:ROBXF - Post by User
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purseon Oct 12, 2016 8:01pm
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Robix grants options to buy 1.51 million shares
Robix grants options to buy 1.51 million shares
2016-10-12 18:42 ET - News Release Shares issued 24,089,037 RZX Close 2016-10-12 C$ 0.22 Mr. Nathan Hansen reports ROBIX ANNOUNCES GRANT OF OPTIONS Robix Environmental Technologies Inc., subject to regulatory approval, has granted incentive stock options to purchase a total of 1,517,000 common shares, at an exercise price of 22 cents per common share, to a director and consultants of Robix. The options expire on Oct. 11, 2019, in accordance with the corporation's stock option plan. Robix has determined that exemptions from the various requirements of Multilateral Instrument 61-101 are available for the issuance of the options to the director of the corporation (formal valuation, issuer not listed on specified markets; minority approval, fair market value not more than 25 per cent of market capitalization).