Titanium Transportation Group Announces Grant of Long Term Incentive Stock Options
January 31 2024 - 7:10PM
Titanium Transportation Group Inc. ("Titanium" or the "Company")
(
TSX:TTNM, OTCQX:TTNMF) announces that the Company
has granted an aggregate of 175,000 stock options to employees of
the Company. Each option entitles the holder to purchase one common
share of the Company at an exercise price of $2.50 for a period of
10 years. Employee stock options vest over a period of six years,
with half vesting after three years.
The option grants were made in accordance with
the provisions of the Company’s Stock Option Plan and are subject
to approval by the TSX.
About Titanium
Titanium is a leading North American
transportation company with asset-based trucking operations and
logistics brokerages servicing Canada and the United States, with
approximately 1000 power units, 3,300 trailers and 1,300 employees
and independent owner operators. Titanium provides truckload,
dedicated, and cross-border trucking services, logistics, and
warehousing and distribution to over 1,000 customers. Titanium has
established both asset-based and brokerage operations in Canada and
the U.S. with eighteen (18) locations. Titanium is a recognized
purchaser of asset-based trucking companies, having completed
thirteen (13) transactions since 2011. Titanium ranked among top
500 companies in the inaugural Financial Times Americas’ Fastest
Growing Companies in 2020. The Company was ranked by Canadian
Business as one of Canada's Fastest Growing Companies for eleven
(11) consecutive years. For three (3) consecutive years, Titanium
has also been ranked one of Canada’s Top Growing Companies by the
Globe and Mail’s Report on Business of Canada. Titanium is
currently listed on the Toronto Stock Exchange under the symbol
“TTNM" and “TTNMF” on the OTCQX.
CONTACT INFORMATION
Titanium Transportation Group Inc.Ted Daniel, CPA, CAChief
Executive Officer(905) 266-3011ted.daniel@ttgi.comwww.ttgi.com
For Investors James Bowen,
CFA416-519-9442James.Bowen@loderockadvisors.com
Titanium Transportation (TSX:TTNM)
Historical Stock Chart
From Oct 2024 to Nov 2024
Titanium Transportation (TSX:TTNM)
Historical Stock Chart
From Nov 2023 to Nov 2024