NetworkNewsBreaks – VIVO Cannabis Inc. (TSX.V: V
Post# of 111
VIVO Cannabis (TSX.V: VIVO) (OTCQX: VVCIF), an Ontario-based cannabis company recognized for its premium products and services, this morning announced that it has granted, effective today, an aggregate of 3,364,500 stock options (each, an “Option”) to certain directors, officers, employees and consultants of the company in accordance with the company’s stock option plan. Per the update, for a period of five years from the date of grant, each Option is exercisable into one common share in the capital of the company (each, a “Share”), each at a price of $0.215, being the closing price of the Shares on the TSX Venture Exchange on December 11, 2019. This is a normal-course grant that comprises part of the company-provided long-term compensation and employee retention incentives.
Please see full disclaimers on the NetworkNewsWire website applicable to all content provided by NNW, wherever published or re-published: http://NNW.fm/Disclaimer