VANCOUVER, BRITISH COLUMBIA--(Marketwired - April 14, 2015) - Cassius Ventures Ltd. (TSX VENTURE:CZ) (the "Company") announces that shareholders voted at its recent Annual General and Special Meeting ("AGM") in favor of the re-pricing of a total of 95,000 stock options held by insiders of the Company to an exercise price of $0.05.
| Number of Stock Options |
Grant Date |
Expiry Date |
Original Exercise Price |
| 70,000 |
July 18, 2011 |
July 18, 2016 |
$2.10 |
| 25,000 |
April 30, 2012 |
April 30, 2017 |
$1.65 |
| 95,000 |
|
|
|
The re-pricing remains subject to final acceptance from the TSX Venture Exchange.
CASSIUS VENTURES LTD. (www.cassiusventures.com)
On behalf of the Board of Directors
John A. Thomas P.Eng, CEO and President
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
Statements included in this announcement, including statements concerning our plans, intentions and expectations, which are not historical in nature are intended to be, and are hereby identified as, "forward‐looking statements". Forward‐looking statements may be identified by words including "anticipates", "believes", "intends", "estimates", "expects" and similar expressions. The Company cautions readers that forward‐looking statements, including without limitation those relating to the Company's future operations and business prospects, are subject to certain risks and uncertainties that could cause actual results to differ materially from those indicated in the forward‐looking statements.