Navigation

News

Dundee Sustainable Technologies Grants Options

  October 08, 2014

Montreal, Quebec, October 8, 2014 – The Board of Directors of Dundee Sustainable Technologies (“DST” or the “Corporation”) has approved the granting of options for 2,002,500 subordinate voting shares of the Corporation to directors, an officer, employees, and consultants. Two directors were granted an aggregate of 800,000 options and an officer, 250,000 options. Options granted to two investor relations consultants total 500,000. The options are exercisable at $0.20 and have a term of 5 years. All options vest immediately except for the options granted to investor relations consultants which vest over twelve months with 1/4 of the options vesting in every three-month period.

Following the grant, the total number of outstanding options under the Corporation's plan is 22,652,500 or approximately 9.78% of the outstanding shares.

Back to news