Kaizen Discovery grants stock options
28 August 2019
Kaizen Discovery Inc. announced today that, pursuant to its Stock Option Plan, it has granted incentive stock options to its independent directors to purchase up to an aggregate of 1,600,000 common shares in the capital stock of the company.
The options are exercisable at a price of C$0.05 per share and will vest 33 1/3% six (6) months after the date of the grant, with an additional 33 1/3% vesting twelve (12) months after the date of grant and the remaining 33 1/3% vesting two (2) years after the date of grant. The options expire on August 25, 2024.