| Home : April 05 2017 Computer News : Bingo Nation Announces Approval of Stock Option Plan and Grant of Stock Options; Attendance at NIGA 2017 |
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Bingo Nation Announces Approval of Stock Option Plan and Grant of Stock Options; Attendance at NIGA 2017 |
April 05, 2017
LAS VEGAS, NEVADA--(Marketwired - April 4, 2017) - Bingo Nation Inc. (OTCQB:BLTO) (the "Company") announced that its board of directors (the "Board") and majority of its shareholders by consent resolution have approved the adoption of a rolling 10% stock option plan of the Company. The Board also approved the grant of 500,000 stock options to purchase common shares of the Corporation to certain directors, officers and employees of the Corporation, subject to regulatory approval. The options were issued with an exercise price of $1.85 per share, vest as to one-third (1/3) on each of the first, second, and third anniversaries of the date of issuance and have a five year term.
Link: http://www.marketwired.com/mw/release.do?id=2207833&sourceType=3
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