Indiva Ltd V.NDVA

Alternate Symbol(s): NDVAF

Healthcare

Indiva Limited, through its indirect wholly owned subsidiary, Indiva Inc., is a Canada-based producer of cannabis servicing the medical and recreational markets. The Company is engaged in producing and selling cannabis products, including dried flower, extract, and edible products. It focuses on the production and processing of edible and extract cannabis products as well as packaging of edibles and extracts. Its brands include Pearls by Gron, Bhang Chocolate, Indiva Doppio Sandwich Cookies, Indiva 1432 Chocolate, and No Future Gummies and Vapes, as well as other Indiva branded extracts. Its products include edibles and capsules. Its edibles include Vanilla Double -Stuffed Chocolate Cookie, Fudge Double-Stuffed Chocolate Cookie, and Golden Vanilla Double Stuffed Cookie. It sells its cannabis products to consumers in the recreational market in the provinces of Ontario, British Columbia, Alberta, Quebec, Nova Scotia, Saskatchewan, Manitoba, New Brunswick, Prince Edward Island, Newfound.

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Indiva Ltd > Payday for everyone

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Comment by charliebitmyfinon Jun 18, 2022 2:28pm

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Post# 34766856

RE:Payday for everyone

Duster340 wrote: except shareholders.

LONDON, ON , June 6, 2022 /CNW/ - Indiva Limited (the " Company " or " Indiva ") (TSXV: NDVA) (OTCQX: NDVAF), the leading Canadian producer of cannabis edibles and other cannabis products announces that it has granted 1,680,000 incentive stock options (the " Options ") to certain employees, executive officers and directors. The Options have an exercise price of $0.21 per share and will be valid until June 3, 2027 .

All Options were issued pursuant to the Company's amended and restated equity incentive plan which allows for issuances of up to 10% of issued and outstanding share capital in the form of stock options or restricted share units. As a result of the foregoing grant, the Company has a total of 14,131,052 stock options or restricted share units issued, representing approximately 9.7% of the issued and outstanding share capital.