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Tantalus Systems Holding Inc.: Tantalus Announces Option Grant


Tantalus Systems Holding Inc.: Tantalus Announces Option Grant
Burnaby, British Columbia (Newsfile Corp. - April 13, 2021) - Smart grid technology leader Tantalus Systems (TSXV: GRID) ( Tantalus or the Company ) today announced that, in connection with its consulting agreement with Adelaide Capital ( Adelaide ) to provide investor relations consulting services to the Company as previously announced on March 11, 2021, it has granted stock options to Adelaide to purchase up to 100,000 common shares at an exercise price of CND$2.17 (the Options ).
The Options were granted under and subject to the terms and conditions of the Tantalus Systems Holding Inc. Omnibus Long Term Incentive Plan (the Plan ) and are subject to the rules and policies of the TSX Venture Exchange (the Exchange ). The Options vest over a period of 12 months in four equal tranches every three months with the first tranche vesting on June 25, 2021. The Options shall expire on the earlier of 30 days foll ....

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