CERRITOS, CA, June 15, 2015 /CNW/ - Omni-Lite Industries Canada
Inc. (the "Company") (TSXV: OML) would like to announce that it has
granted 180,000 incentive stock options on June 12, 2015 to the directors and officers of
the Company. The options were granted pursuant to the
Company's Stock Option plan, which received shareholder approval at
the Annual General and Special Meeting held on October 17, 2014. The options were granted
at the exercise price of $1.35 per
share which was the closing market price on June 12, 2015. The stock options will
expire after a five year period and are subject to TSX Venture
Exchange requirements.
The options were granted according to the table below:
|
Name
|
Position
|
Options
Granted
|
|
Allen
Maxin
|
President
|
15,000
|
|
Christopher
Melnyk
|
VP, Strategic
Planning
|
15,000
|
|
Michael
Walker
|
VP of Research and
Development
|
15,000
|
|
Timothy
Wang
|
CFO
|
15,000
|
|
Donald
Kelly
|
Director
|
15,000
|
|
Norman
Goodrich
|
Director
|
15,000
|
|
Charles
Samkoff
|
Director
|
15,000
|
|
David F.
Grant
|
CEO, Chairman,
Director
|
75,000
|
Omni-Lite Industries Canada Inc. is a rapidly growing high
technology company that develops and manufactures precision
components utilized by Fortune 500 companies including Boeing,
Airbus, Bombardier, Embraer, Alcoa, Ford, Borg Warner, Chrysler, the U.S. Military, Nike,
and adidas.
Except for historical information contained herein this
document contains forward-looking statements. These statements
contain known and unknown risks and uncertainties that may cause
the Company's actual results or outcomes to be materially different
from those anticipated and discussed herein.
Neither TSX Venture Exchange nor its Regulation Services
Provider (as that term is defined in policies of the TSX Venture
Exchange) accepts responsibility for the adequacy or accuracy of
this release.
SOURCE Omni-Lite Industries Canada Inc.