TORONTO, March 29, 2019 /CNW/ - Lift & Co. Corp.
("Lift & Co." or the "Company") (TSXV: LIFT), announced today
the grant of options pursuant to its Stock Option Plan.
On this date the Company granted options to certain officers and
key employees to acquire up to an aggregate of 1,518,823 Common
Shares of the Corporation. The options will vest pursuant to the
stock option agreements between Lift & Co. and each optionee
and may be exercised at an exercise price of $0.405 per common share, for a period of 10 years
from the date of issuance, in accordance with Lift & Co.'s
incentive stock option plan.
The Company is also announcing that 890,868 existing options are
set to be cancelled in May of this year.
About Lift & Co.
Lift & Co. (TSXV: LIFT) is a
publicly traded technology company modernizing the cannabis
industry.
Forward-looking statements
Neither TSX Venture Exchange nor its Regulation Services
Provider (as that term is defined in the policies of the TSX
Venture Exchange) accept responsibility for the adequacy or
accuracy of this release.
Although the Company has attempted to identify important
factors that could cause actual results, performance or
achievements to differ materially from those contained in the
forward-looking statements, there can be other factors that cause
results, performance or achievements not to be as anticipated,
estimated or intended.
There can be no assurance that such forward-looking
statements will prove to be accurate or that management's
expectations or estimates of future developments, circumstances or
results will materialize. Accordingly, readers should not place
undue reliance on forward-looking statements. The forward-looking
statements in this news release are made as of the date of this
release. The Company disclaims any intention or obligation to
update or revise such information, except as required by applicable
law, and the Company does not assume any liability for disclosure
relating to any other company mentioned herein.
SOURCE Lift & Co. Corp.