Empire Industries Announces Stock Option Grants
May 31 2018 - 4:28PM
Empire Industries Ltd. (TSXV:EIL) today announced it has granted,
under its stock option plan, incentive stock options to management,
for the purchase up to 600,000 common shares. The incentive stock
options have an exercise price of $0.50, will expire May 31, 2021
and are subject to TSXV approval.
About Empire Industries Ltd.
Empire focuses on designing, supplying, and installing premium
theme park, media-based attractions and ride systems for the global
entertainment industry. Empire also uses these same turn-key
integration services for special projects such as large optical
telescopes and enclosures. Through Empire’s execution of its
strategy over the years, Empire owns several non-entertainment
investments that it seeks to optimize and liquidate at the
appropriate time. Empire’s common shares are listed on the TSX
Venture Exchange under the symbol EIL.
For more information about the Company, visit www.empind.com or
contact:
Guy NelsonChief
Executive OfficerPhone: (416) 366-7977Email:
gnelson@empind.com |
Allan FrancisVice
President – Corporate Affairs and AdministrationPhone: (204)
589-9301Email: afrancis@empind.com |
Reader AdvisoryThis news release contains
forward-looking statements, within the meaning of applicable
securities legislation, concerning Empire’s business and affairs.
In certain cases, forward-looking statements can be identified by
the use of words such as ‘‘plans’’, ‘‘expects’’ or ‘‘does not
expect’’, ‘‘budget’’, ‘‘scheduled’’, ‘‘estimates’’, “forecasts’’,
‘‘intends’’, ‘‘anticipates’’, “believes” or variations of such
words and phrases or state 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. Although Empire
believes these statements to be reasonable, no assurance can be
given that these expectations will prove to be correct and such
forward-looking statements included in this news release should not
be unduly relied upon. Actual results could differ materially from
those anticipated in these forward-looking statements as a result
of prevailing economic conditions, and other factors, many of which
are beyond the control of Empire. The forward-looking statements
contained in this news release represent Empire’s expectations as
of the date hereof, and are subject to change after such date.
Empire disclaims any intention or obligation to update or revise
any forward-looking statements whether as a result of new
information, future events or otherwise, except as may be required
by applicable securities regulations.
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.
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