VANCOUVER, Aug. 3, 2018 /CNW/ - H-Source Holdings Ltd. (TSX
VENTURE:HSI) (OTCQB:HSCHF) (the "Company" or
"H-Source") announced the grant of stock options and
restricted share units to certain officers, directors and employees
of the Company.
Options to purchase up to 1,770,000 common shares were granted
to directors of the Company, pursuant to the Company's stock option
plan, exercisable at a price of $0.16 per common share.
The stock options shall have a term of 3 years.
In addition, 1,050,000 restricted share units were awarded to
officers and an employee pursuant to the Company's restricted share
unit plan. The restricted share units shall vest with respect to
one-third on each anniversary of the date of each grant.
About H-Source Holdings Ltd.
H-Source Holdings Ltd. is a technology company operating within
the healthcare industry through its wholly owned subsidiary,
H-Source, Inc. The Company has developed a transaction platform
that provides a private, secure and trusted marketplace for
healthcare members to buy, sell and transfer devices,
pharmaceuticals, capital equipment and supplies with each other.
Members can conduct secure transactions within Integrated Delivery
Networks, complete H-Source marketplace or customize their own
group hospitals using H-Source's built-in filters. This private
marketplace platform is specifically designed to reduce health care
costs and medical product waste. For more information,
please visit http://h-source.com/.
On behalf of the board of directors of H-Source Holdings
Ltd.
"John
Kupice"
John Kupice
CEO & Director
CAUTIONARY DISCLAIMER STATEMENT: The TSXV has not
reviewed and does not accept responsibility for the adequacy or
accuracy of the content of this news release.
This news release contains forward-looking statements
relating to the completion of the listing of the Company's shares
on the TSXV and other statements that are not historical facts.
Forward-looking statements are often identified by terms such as
"will", "may", "should", "anticipate", "expects" and similar
expressions. All statements other than statements of historical
fact, included in this release are forward-looking statements that
involve risks and uncertainties. There can be no assurance that
such statements will prove to be accurate and actual results and
future events could differ materially from those anticipated in
such statements. Important factors that could cause actual results
to differ materially from the Company's expectations include the
failure to satisfy the conditions of the TSXV and other risks
detailed from time to time in the filings made by the Company with
securities regulations.
The reader is cautioned that assumptions used in the
preparation of any forward-looking information may prove to be
incorrect. Events or circumstances may cause actual results to
differ materially from those predicted, as a result of numerous
known and unknown risks, uncertainties, and other factors, many of
which are beyond the control of the Company. The reader is
cautioned not to place undue reliance on any forward-looking
information. Such information, although considered reasonable by
management at the time of preparation, may prove to be incorrect
and actual results may differ materially from those anticipated.
Forward-looking statements contained in this news release are
expressly qualified by this cautionary statement. The
forward-looking statements contained in this news release are made
as of the date of this news release and the Company will update or
revise publicly any of the included forward-looking statements as
expressly required by applicable law.
SOURCE H-Source Holdings Ltd.