Post by
AUborealis on Feb 08, 2021 3:07pm
News:
QUEBEC, QC / ACCESSWIRE / February 8, 2021/ NuRAN Wireless Inc. ("NuRAN" or the "Company") (CSE:NUR)(OTC Pink:NRRWF)(FSE:1RN) announces that it has granted stock options pursuant to the Company's incentive stock option plan to certain employees, consultants, directors and officers of the Company, to purchase an aggregate of 1,225,000 common shares of the Company at an exercise price of $0.395 per share. Pursuant to the terms of the grant, 950,000 options will vest immediately and the remaining 275,000 options will vest over a period of 12 months from the date of grant. 1,150,000 of the options expire five years from the date of grant and the remaining 75,000 options will expire three years from the date of grant. The options are subject to applicable policies of the Canadian Securities Exchange and applicable securities laws and will be subject to a hold period of four months commencing on the date of grant of the options.
Comment by
GObabyGO1 on Feb 08, 2021 3:29pm
Would have been nice to wait a day or 2 before granting 1.2 million options at $0.395 lol...this will bring some selling pressure for sure. Let's hope it can get soaked up tomorrow.