CE Brands Announces Stock Option Grants
29 June 2022 - 9:00PM
CE Brands Inc. (TSXV: CEBI; CEBI.WT) (“
CE Brands”,
“
we”, “
our”, or the
“
Company”), a data-driven consumer-electronics
company, is pleased to announce that the Company’s board of
directors has approved the grant of stock options (the
“
Options”) exercisable for a total of 310,000
common shares, including 200,000 Options granted to an officer of
the Company. All Options were granted pursuant to the Company’s
amended and restated 2022 stock option plan and are subject to the
terms of the applicable grant agreements and the requirements of
the TSX Venture Exchange.
The Options were granted at an exercise price of
$0.21, being the closing price on June 28, 2022. The Options shall
vest on June 29, 2023, being the first anniversary following the
date of the grant, and shall expire on June 29, 2025, being the
date that is 24 months from the vesting date.
This press release shall not constitute
an offer to sell or the solicitation of an offer to buy securities
of the Company in the United States nor shall there be
any sale of securities of the Company in any jurisdiction in which
such offer, solicitation or sale would be unlawful. The securities
described herein have not been, and will not be, registered under
the United States Securities Act of 1933, as amended, or the
securities laws of any state of the United States.
Accordingly, any of the securities described herein may not be
offered or sold in the United States or to U.S. persons
unless an exemption from registration is available.
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.
For more information, please visit
www.cebrands.ca.
To be added to the CE Brands’ distribution list
please register at https://www.cebrands.ca/investors
About CE Brands
CE Brands Inc. develops products with leading
manufacturers and iconic brand licensors by utilizing proprietary
data that identifies key market opportunities. With sales today
in over 70 countries, our innovative, highly repeatable
process, which we call the “CE Method”, has created an optimal
growth path for CE Brands to be the premier global licensed brand
manufacturer.
Further Information
For further information about CE Brands or its
principal operating subsidiary, eBuyNow eCommerce Ltd., please
contact:
Kalvie
Legat |
Rob
Knowles |
Chief Financial Officer |
Manager, Investor Relations |
778-771-0901 |
1-855-770-2324 |
|
ir@cebrands.ca |
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