CALGARY, April 9, 2019 /CNW/ - MATRRIX Energy Technologies
Inc. ("MATRRIX" or the "Corporation") (TSX-V: MXX) announced that
it has issued 3,835,000 stock options to certain executive
officers, directors, and employees of the Corporation in accordance
with Matrrix's shareholder approved stock option plan. The
stock options are exercisable at a price equal to the closing price
of Matrrix's common shares on the TSX Venture Exchange on
April 8, 2019, expire in five years
and vest as to one-quarter upon the date of grant and as to
one-quarter on each subsequent anniversary of the date of grant. Of
the 3,835,000 stock options granted, a total of 2,100,000 were
issued to directors and officers. As of the date of this press
release, the total number of outstanding stock options is
6,489,480.
ADVISORY
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.
SOURCE MATRRIX Energy Technologies Inc.