RE:Any Ideas??GIFT
Dundee Sustainable grants 10-cent options
2018-04-23 16:44 ET - News Release
Mr. Brian Howlett reports
DUNDEE SUSTAINABLE TECHNOLOGIES INC. ANNOUNCES GRANT OF OPTIONS
Dundee Sustainable Technologies Inc.'s board of directors has approved the granting of options for 7.25 million subordinate voting shares of the corporation to directors, officers, employees and one consultant. The directors were granted an aggregate of 3.1 million stock options, including a director who is also an officer. The options granted to other officers and to employees total 3.65 million. A consultant was granted 500,000 options. The options vest immediately, expire in five years and are exercisable at 10 cents.
Following the grant, the total number of outstanding options under the corporation's plan is 28,852,200 or approximately 9.25 per cent of the shares issued and outstanding.
About Dundee Sustainable Technologies Inc.
The corporation, controlled by Dundee Corp., is engaged in the development and commercialization of environmentally friendly technologies for the treatment of materials in the mining industry. Through the development of patented, proprietary processes, it extracts precious and base metals from mineralized material, concentrates and tailings, while stabilizing contaminants such as arsenic, which could not otherwise be extracted or stabilized with conventional processes because of metallurgical issues or environmental considerations.
It has filed, has published and was granted patents for these processes in several countries.
We seek Safe Harbor.
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