Wi2Wi Announces Granting of Options
TORONTO, ON / ACCESSWIRE / December 4, 2015 / Wi2Wi Corporation ("Wi2Wi" or the "Company") announce that it has granted options to two Directors, and a manager and Staff of the Corporation effective November 27, 2015. A total of 2,750,000 options were granted. Of these 2,000,000 were granted to Directors, 750,000 were granted to a Senior Manager.
The options are priced at CDN$0.17 the closing price on November 27, 2015 was CDN$0.08.
The options vest 33.3% on November 27, 2016, with balance vesting on the November 27, 2017 and 2018. All options have a term of seven years after the grant date.
The total number of options now outstanding are 14,408,648.
For further information, please contact:
President and Chief Executive Officer