Canada NewsWire
KIRKLAND, QC, March 2, 2017
KIRKLAND, QC, March 2, 2017 /CNW Telbec/ - Manitex Capital Inc.
("Manitex" or the "Corporation") announces that the Board of Directors has adopted a new 20% fixed incentive stock
option plan (the "New Plan") to convert and replace the previous stock option plan and enhance the Corporation's
ability to compensate employees, officers and directors by means other than cash incentives.
Pursuant to the New Plan, options entitling the purchase of an aggregate 2,512,255 common shares in the capital of the
Corporation may be granted to directors, officers, employees, and consultants or management company employees of the Corporation
from time to time.
The New Plan is subject to the approval of the TSX Venture Exchange ("TSXV") and of the Disinterested
Shareholders of the Corporation (as such term is defined in the policies of the TSXV), and will be presented for approval at
the Corporation's upcoming annual shareholders' meeting scheduled to be held on April 7, 2017.
About Manitex Capital Inc.
Manitex Capital Inc. invests in promising emerging companies in diversified sectors including life sciences, cleantech and
sustainable products/technologies. Manitex provides its portfolio companies with specialized corporate finance and advisory
services including corporate strategy, mergers and acquisitions, public markets access and financing. Common shares of the
company are listed on the TSX Venture Exchange, trading symbol MNX.V.
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 news release.
SOURCE Manitex Capital Inc.
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