RevoluGROUP Canada Inc. Issues Incentive Share Options
July 08 2024 - 9:12AM
RevoluGROUP Canada Inc. (TSX-V:
REVO), (Frankfurt:
IJA2), (Munich:
A2PU92) (the "Company") announces
that incentive share options to purchase up to 5,200,000 common
shares of the Company were granted to consultants and Directors of
the Company, with an exercise price of $0.05 per share. The
incentive share options have been granted pursuant to the Company's
10% rolling stock option plan and will expire twenty-four months
from the grant date. Should all announced options be exercised in
the term, the aggregate amount payable to the treasury would be CA
$ 335,000. The options are to be granted as shown below:
Francisco Moreno Balboa |
1,300,000 |
Alfredo Manresa Ruiz |
1,300,000 |
Fernando Guillen Hernandez |
1,300,000 |
|
|
An additional 2,800,000 options were also
granted to consultants in the Company who have provided valuable
assistance in the development of products, business development,
solution integration and technical assistance.
The Board of Directors of RevoluGROUP, expressed
warmly, "The dedication and expertise of our consultants cannot be
appreciated enough. Their commitment to adapt to different time
zones, working late hours to cater to Europe and North American
schedules, is amazing. It gives us immense pleasure to acknowledge
and reward their support, expertise and valuable assistance."
About RevoluGROUP Canada
Inc.
RevoluGROUP Canada Inc. is a multi-asset,
multidivisional, publicly traded Canadian Company deploying
advanced technologies in; Banking, Mobile Apps, Money Remittance,
Cross-Border Forex Payments, Mobile Phone Top-Ups, EGaming,
Healthcare Payments, Esports, Invoice factoring, Online Travel,
Vacation Resort, Blockchain Systems, and Fintech app sectors. Click
here to read more.
For further information on RevoluGROUP Canada
Inc. (TSX-V: REVO), visit the Company's website at
www.RevoluGROUP.com.
RevoluGROUP Canada, Inc.
The Board of Directors
______________________
For further information, contact:
RevoluGROUP Canada Inc.Telephone: +1 (604) 332-5355Email:
info@revolugroup.com
Neither the TSX Venture Exchange nor its
Regulation Services Provider (as that term is defined in policies
of the TSX Venture Exchange) accepts responsibility for the
adequacy or accuracy of this release.
This release includes certain statements that
may be deemed to be "forward-looking statements". All statements in
this release, other than statements of historical facts, that
address events or developments that Management of the Company
expects, are forward-looking statements. Although Management
believes the expectations expressed in such forward-looking
statements are based on reasonable assumptions, such statements are
not guarantees of future performance, and actual results or
developments may differ materially from those in the
forward-looking statements. The Company undertakes no obligation to
update these forward-looking statements if Management's beliefs,
estimates or opinions, or other factors, should change. Factors
that could cause actual results to differ materially from those in
forward-looking statements, include market prices, exploration and
development successes, continued availability of capital and
financing, and general economic, market or business conditions.
Please see the public filings of the Company at www.sedar.com for
further information.
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