Avante Logixx Announces Grant of Stock Options
12 October 2022 - 11:16AM
GlobeNewswire Inc.
Avante Logixx Inc. (TSXV: XX) (OTC: ALXXF)
(“
Avante” or the “
Company”)
announces the grant of stock options to certain directors of the
Company for the purchase of up to 200,000 common shares of Avante,
effective as of today.
Daniel Argiros and Wade Burton, each of whom are
directors of the Company, have been granted options to acquire
100,000 common shares of the Company, subject to the terms and
conditions of the Company’s 10% rolling stock option plan. The
options granted to each of Mr. Argiros and Mr. Burton will have an
exercise price of $0.77 per share, and will be fully vested
immediately upon grant. All of the options granted to each of Mr.
Argiros and Mr. Burton have a term of five years from the date of
grant.
About Avante Logixx Inc.
Avante Logixx Inc. (TSXV: XX) is a Toronto based
provider of high-end security services operating with two
subsidiaries. Logixx Security supports enterprise customers across
Canada, while Avante Security serves residential customers located
in Toronto and Muskoka regions of Ontario, Canada. With experienced
teams, a focus on customer service and development of innovative
solutions, we remain committed to providing our shareholders with
exceptional returns. Please visit our website at
www.avantelogixx.com.Avante Logixx Inc.
Emmanuel Mounouchos CEO416 923 6984 manny@avantesecurity.com
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.
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