MONTREAL, July 13, 2018 (GLOBE NEWSWIRE) -- OneCap Investment Corporation ("OneCap or the “Corporation") (TSX VENTURE:OIC) announces that it has filed articles of amendment to change its name and that it has adopted a new "fixed" stock option plan ("Plan"), for the benefit of directors, officers, employees and service providers.
Name Change
On June 18, 2018, the shareholders of the Corporation adopted a special resolution to change its name to Origin Gold Corporation (English version) / Corporation Aurifère Origin (French version) (the “Name Change”) at the Corporation’s annual and special meeting of shareholders. On July 3, 2018, the Corporation received the conditional acceptance of the Name Change from the TSX Venture Exchange.
No further action is required by existing shareholders with respect to the Name Change. The Corporation will continue to trade under its existing symbol “OIC”.
Change to Stock Option Plan
The Plan replaces and supersedes the Corporation’s previous "rolling 10%" plan. The purpose of the Plan is to advance the interests of the Corporation by providing optionees with additional performance incentive, and to allow the Corporation to attract and retain competent personnel.
The Plan is managed by the Board of Directors. The maximum number of stock options that can be issued under the Plan is 4,090,000, representing 9.99% of the current number of shares of the Corporation issued and outstanding.
About OneCap
OneCap is a mineral exploration company with its exploration activities focused in Colombia.
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) has reviewed or accepts responsibility for the adequacy or accuracy of this Release.
Rejean Gosselin, President and CEO : Tel: 514.303.0950 E-mail:
