Vitreous Glass Announces Issuance of Stock Options

Vitreous Glass Inc.

 

AIRDRIE, ALBERTA: December 23, 2024. – TheNewswire – Vitreous Glass Inc. (TSXV:VCI) (the “Corporation”) announces that it has granted a total of 99,999 stock options (the “options“) to an officer of the company. The options have been granted under the Corporation’s Stock Option Plan approved by shareholders February 14, 2024.

 

Each option entitles the holder to acquire one common share at an exercise price of $5.10 (the share price at the close Friday, December 20, 2024) for a five-year period expiring on December 21, 2029, subject to the vesting periods. 33,333 options vest immediately on the date of the grant, 33,333 vest one year from the grant date, and 33,333 vest two years from the grant date.

 

For further information, please contact:

VITREOUS GLASS INC.

Pat Cashion, President

(403) 948-7811

 

Neither 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.

 

Not for Dissemination to the US or to US Newswires

 

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