VANCOUVER, Dec. 9, 2015 /CNW/ - HIT Technologies Inc.
(the "Company") (TSXV: HIT) announces that it granted stock options
(the "Options") to acquire an aggregate of 715,000 common shares of
the Company pursuant to its stock option plan, 250,000 of which
were granted to directors of the Company. The 250,000 Options
granted to directors of the Company have a grant date of
November 17, 2015; vest in 36 equal
monthly instalments commencing on the last day of the first month
following the grant date and then on each of the 35 subsequent
monthly anniversaries thereof; are exercisable at a price of
$0.17 per common share; and expire on
November 17, 2021. Subsequent to the
grant of the 715,000 Options, the Company now has Options
outstanding to acquire an aggregate of 3,969,500 common shares of
the Company.
About HIT Technologies Inc.
The Company develops and
markets a portfolio of products for use on Apple iPhones across the
globe. The Company believes that there is a significant opportunity
in helping people get Ready for AdventureTM with the best camera
they already have, their iPhone. HITCASE PRO allows people to
create exciting photo and video content using patent pending
RailslideTM mounts without the need for additional cameras or gear
that get in the way of the fun. With a combination of software,
professional quality lenses, patented waterproofing and mounting
technologies for every conceivable activity, HITCASE PRO makes it
fun and easy for users to capture and share a day at the beach, on
the mountain, in the backyard or anywhere else life takes you.
Cautionary Statement
No stock exchange, securities
commission or other regulatory authority has approved or
disapproved the information contained herein. Neither the TSX
Venture Exchange ("TSXV") nor its Regulation Services Provider (as
that term is defined in the policies of the TSXV) accepts
responsibility for the adequacy of this release.
SOURCE HIT Technologies Inc.
