Day: February 6, 2021
VANCOUVER, British Columbia, Feb. 05, 2021 (GLOBE NEWSWIRE) — (CSE: REO) – Reservoir Capital Corp. (CSE: REO) (“REO” or the “Company“) announces that an offshore subsidiary of the Company, Kainji Power Holdings Limited (“KPHL”), was informed recently of a lawsuit filed in Nigeria against the Company, its subsidiaries and Executive Chairman, by shareholder Mr. M.S. Bello. In May 2019, Mr. Bello, a Nigerian Citizen, acquired approximately 7% of the Company’s then outstanding shares as consideration for the Company indirectly acquiring 3.5 million shares of Nigerian hydro company Mainstream Energy Solutions Ltd (“MESL”) from Mr. Bello pursuant to a Share Exchange Agreement dated April 25, 2019 (see the news release filed on the Company’s SEDAR profile on May 7, 2019 for further details) (the “Transaction“)....
Voxtur Announces Grant of Restricted Share Units and Stock Options
Written by Customer Service on . Posted in Public Companies.
TORONTO, Feb. 05, 2021 (GLOBE NEWSWIRE) — Voxtur Analytics Corp. (TSXV:VXTR) (“Voxtur” or “the Company”) today announced that, in accordance with the Restricted Share Unit Plan that was approved by the shareholders of Voxtur, previously iLOOKABOUT Corp., at its Special Meeting of Shareholders on January 22, 2021, the Company has granted a total of 7,250,000 Restricted Share Units to employees and a consultant which will vest 1/3 upon grant and 1/3 on each of the following two anniversaries of the grant date. A complete copy of the Restricted Share Unit Plan can be found as Exhibit A of the Company’s Management Information Circular dated December 21, 2020, a copy of which is available at www.sedar.com.In addition, in accordance with the Company’s Stock Option Plan that was approved by the shareholders of Voxtur, previously iLOOKABOUT...
BIGG Digital Assets Inc. Announces Grant of Stock Options
Written by Customer Service on . Posted in Public Companies.
NOT FOR DISTRIBUTION TO U.S. NEWS WIRE SERVICES OR FOR DISSEMINATION IN THE U.S.VANCOUVER, British Columbia, Feb. 05, 2021 (GLOBE NEWSWIRE) — BIGG Digital Assets Inc. (“BIGG” or the “Company”) (CSE: BIGG; OTCQB: BBKCF; WKN: A2PS9W) is pleased to announced that, pursuant to the Company’s stock option plan and subject to regulatory approval, it has granted stock options to its directors, officers, employees and consultants to purchase an aggregate 6,050,000 common shares in the capital of the Company at an exercise price of $0.75 per common share for a period of five years. The stock options will vest over a 12 month period, with 50% of the options vesting on the 6th month anniversary of the grant date and the remaining 50% on the 12 month anniversary date. The securities represented by this grant will be subject to a four-month hold...
Quantum Announces Adoption of A New Stock Option Plan
Written by Customer Service on . Posted in Public Companies.
MONTREAL, Feb. 05, 2021 (GLOBE NEWSWIRE) — Quantum Numbers Corp. (“Quantum” or the “Corporation”) (TSX-V: QNC) is pleased to announce that it has adopted a new fixed number stock option plan (the “Plan”), for its directors, officers, employees and service providers, so as to attract, retain and motivate these individuals to continue in their collaboration and strive for the Corporation’s success. The Plan replaces and supersedes the Corporation’s previous fixed number stock option plan adopted on September 6, 2017.The Plan is managed by the Board of Directors of the Corporation. The maximum number of stock options that can be issued under the Plan is 10,000,000, representing approximately 9.95% of the issued and outstanding common shares of the Corporation.The adoption of the Plan is subject to the TSX Venture Exchange approval.About...