Avante Logixx Announces Grant of Stock Options
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Toronto, Ontario, Oct. 11, 2022 (GLOBE NEWSWIRE) — Avante Logixx Inc. (TSXV: XX) (OTC: ALXXF) (“Avante” or the “Company”) announces the grant of stock options to certain directors of the Company for the purchase of up to 200,000 common shares of Avante, effective as of today.
Daniel Argiros and Wade Burton, each of whom are directors of the Company, have been granted options to acquire 100,000 common shares of the Company, subject to the terms and conditions of the Company’s 10% rolling stock option plan. The options granted to each of Mr. Argiros and Mr. Burton will have an exercise price of $0.77 per share, and will be fully vested immediately upon grant. All of the options granted to each of Mr. Argiros and Mr. Burton have a term of five years from the date of grant.
About Avante Logixx Inc.
Avante Logixx Inc. (TSXV: XX) is a Toronto based provider of high-end security services operating with two subsidiaries. Logixx Security supports enterprise customers across Canada, while Avante Security serves residential customers located in Toronto and Muskoka regions of Ontario, Canada. With experienced teams, a focus on customer service and development of innovative solutions, we remain committed to providing our shareholders with exceptional returns. Please visit our website at www.avantelogixx.com.
Avante Logixx Inc.
Emmanuel Mounouchos
CEO
416 923 6984
manny@avantesecurity.com
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.
