Announces that the Company has granted an aggregate of 664,400 stock options to employees, directors and officers of the Company. Each option entitles the holder to purchase one common share of the Company at an exercise price of $2.25 for a period of 10 years. Employee stock options vest over a period of six years, with half vesting after three years. Director stock options vest over a period of three years, with a third vesting after each completed year. The option grants were made in accordance with the provisions of the Company’s Stock Option Plan and are subject to approval by the TSX. Titanium Transportation Group Inc shares T.TTNM are trading up $0.02 at $2.25.
Stocks in play: Titanium Transportation Group Inc
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