iAnthus Capital Holdings, Inc. Grants Stock Options
TORONTO, ON and NEW YORK, NY -- (Marketwired) -- 10/02/16 --
iAnthus Capital Holdings, Inc. ("iAnthus" or the "Company") (CSE: IAN), announces that, effective September 30, 2016, it has granted incentive stock options, exercisable at CAD $1.76, to purchase up to an aggregate of 65,000 shares of the Company, to consultants and directors of the Company.
All options are subject to any earlier termination in accordance with their terms. The 65,000 options have the following vesting periods:
- 15,000 options vest at a rate of 10% on September 30, 2016, and 11.25% quarterly thereafter; and
- 50,000 options vest at a rate of 25% quarterly.
The aforementioned stock options are subject to applicable regulatory filings.
About iAnthus Capital Holdings, Inc.
iAnthus Capital Holdings, Inc., through its 100% owned subsidiary, iAnthus Capital Management, LLC, delivers a comprehensive solution for financing and managing licensed cannabis cultivators,
The Canadian Securities Exchange has not reviewed, approved or disapproved the content of this news release.
Source: iAnthus Capital Holdings Inc.
Released October 2, 2016