Stock Option Grant
Rhea-AI Summary
AMPD Ventures Inc. (CSE:AMPD)(OTCQB:AMPDF) announced the granting of 500,000 incentive stock options to employees, officers, and directors. The options have an exercise price of CAD $0.34 per share. Of these, 200,000 options will vest over a 36-month period, while 300,000 options are fully vested for a period of two years. The options are exercisable for five years and two years, respectively, unless terminated under the stock option plan.
Positive
- The grant of 500,000 incentive stock options may motivate employees and align their interests with shareholder value.
- Issuing options at CAD $0.34 could be seen as a strategic move to retain talent during a critical growth phase.
Negative
- The issuance of 500,000 stock options could dilute existing shareholders' equity.
News Market Reaction – AMPDF
On the day this news was published, AMPDF gained 3.70%, reflecting a moderate positive market reaction.
Data tracked by StockTitan Argus on the day of publication.
VANCOUVER, BC / ACCESSWIRE / September 15, 2021 / AMPD Ventures Inc. ("AMPD" or the "Company") (CSE:AMPD)(OTCQB:AMPDF)(FRA:2Q0) announces that 500,000 incentive stock options have been granted to certain employees, officers, directors, or consultants pursuant to the Company's stock option plan. The options have an exercise price of CAD
ON BEHALF OF THE BOARD OF DIRECTORS
AMPD Ventures Inc.
/s/ "Anthony Brown"
Anthony Brown
CEO & Director
AMPD Ventures Inc.
ir@ampd.tech | Tel: 604-332-3329
For more information on AMPD, please contact:
Investor Relations
Tel: 604-332-3329 ext. 3
ir@ampd.tech
Or visit http://www.ampd.tech
The CSE does not accept responsibility for the adequacy or accuracy of this release.
Cautionary Statement
Certain statements made herein may contain forward-looking statements or information within the meaning of the applicable Canadian securities laws. Often, but not always, forward-looking statements and forward-looking information can be identified by the use of words such as "plans", "expects", "is expected", "budget", "scheduled", "estimates", "forecasts", "intends", "anticipates", or "believes" or the negatives thereof or variations of such words and phrases or statements that certain actions, events or results "may", "could", "would", "might" or "will" be taken, occur or be achieved. These statements involve known and unknown risks, uncertainties and other factors that may cause actual results or events to differ materially from those anticipated in such forward-looking statements. Such forward-looking statements should not be unduly relied upon. Actual results achieved may vary from the information provided herein as a result of numerous known and unknown risks and uncertainties and other factors. The Company believes the expectations reflected in those forward-looking statements are reasonable, but no assurance can be given that these expectations will prove to be correct. The Company does not undertake to update these forward-looking statements, except as required by law.
SOURCE: AMPD Ventures Inc.
View source version on accesswire.com:
https://www.accesswire.com/664290/Stock-Option-Grant
FAQ
What stock options were granted by AMPD Ventures on September 15, 2021?
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