ZoomerMedia Limited Announces Stock Option Grant
January 31 2024 - 6:00PM
ZoomerMedia Limited (TSXV:ZUM) (the “Company”), the leader in
serving the interests of the 45+ “Zoomers” as well as younger
millennials and Gen Z who are also called “Zoomers”, today
announced a stock option grant to a company executive.
ZoomerMedia’s compensation philosophy is to
foster entrepreneurship at all levels of the organization through,
among other things, the granting of stock options, a significant
component of executive compensation. As such the Company announces
it has granted 5,000,000 stock options to an executive as part of
an employment package. The stock option grant is in accordance with
TSX Policy 4.4, the rules of the TSX Venture Exchange and the
Corporation's Stock Option Plan. The options are exercisable at
$0.05 per share, one-third vesting on January 31, 2025, one-third
on January 31, 2026 and one third on January 31, 2027. These
options have a term of five years. This stock option grant is
subject to TSX Venture Exchange approval.
About ZoomerMedia Limited
Founded by television and media icon Moses
Znaimer in 2008, ZoomerMedia Limited is a multimedia company
devoted to creating content, services and experiences for Canada's
most powerful audiences: the 17.2 million people aged 45-plus aka
"Zoomers", and the 13.7 million Millennials and Gen Zs,
coincidentally also called "Zoomers", who follow in their
footsteps.
ZoomerMedia operates 5 TV, 2 Radio, 3 Print, and
22 Digital properties including the newly acquired youth-friendly
local news and lifestyle digital publications blogTO and DailyHive;
and the subject specific The Peak and Ludwig-Van.com covering
Canada’s business and Canada’s arts scene respectively. ZoomerMedia
produces original TV, Radio, Podcast and Print content, offers
clients creative audio and video production services, and bespoke
events on site at its 2.6-acre complex in Toronto's Liberty
Village.
For specific ZoomerMedia property names and
focus, please see below.
ZoomerMedia's Television properties include:
VisionTV, available in 7.5 million households is Canada's home for
British comedy and drama series, plus uplifting movies, music,
news, and multicultural and multilingual faith programming; ONETV:
The Exercise & Entertainment Channel, combines original yoga,
pilates, tai chi, and cardio dance and kettlebell fitness series
with British serial soaps, dramas and American movies; JoyTV in
Vancouver, Victoria, Surrey and the Fraser Valley, and FAITH TV in
Winnipeg are devoted to broadcasting Christian, multi-faith, and
local content.
ZoomerMedia's Zoomer Digital Network (ZDN):
reaching 18.5 million monthly active users with over a billion
annual pageviews and social media engagements, ZDN comprises:
DailyHive, dailyhive.com in Western Canada, Ontario, Quebec, and
The Maritimes, is one of Canada’s most followed news brands with
over 10 million monthly active users, over 270 million annual page
views, and 3.1 million followers across Instagram, Facebook,
Twitter (X), TikTok, and LinkedIn; blogTO, blogto.com, Toronto's
unrivalled local publisher across digital and social media
platforms, bringing in 8 million monthly active users, and over 213
million page views annually; Zoomer Magazine's
EverythingZoomer.com, Canada's leading provider of online content
targeting the 45-plus; The Peak readthepeak.com, serving 150,000
Canadian professionals and business leaders with the top global
business, finance, and tech stories of the day packaged in smart,
fast, and easily digestible formats; and Ludwig Van,
Ludwig-Van.com, Canada’s leading and fastest growing digital voice
for the latest classical, opera, chamber and choral music
headlines, reviews, comments and personality driven features and
interviews.
ZoomerMedia's Radio properties include: The New
Classical FM, Canada's only commercial all classical music radio
station broadcasting over three frequencies in a unique regional
Ontario network: 96.3FM CFMZ-FM Toronto (GTA), 103.1FM CFMX-FM
Cobourg (Eastern Ontario), and 102.9FM CFMO-FM Collingwood
(Southern Georgian Bay); and Zoomer Radio, The Original Greatest
Hits, the biggest broadcast footprint in Canada also reaching 28
American States, and broadcasting simultaneously both in AM and FM
in Toronto (740AM CFZM-AM and 96.7FM CFZM-FM).
ZoomerMedia's Print properties include: ZOOMER
Magazine, the Company's flagship magazine and Canada's largest paid
circulation magazine for the 45-plus market; On The Bay Magazine,
the dominant regional lifestyle magazine published quarterly for
the 20 towns and villages of Ontario's Southern Georgian Bay; and
Tonic Magazine, a regional health and wellness magazine distributed
across the City of Toronto.
For further information, please contact:
Terence ChanChief Financial OfficerZoomerMedia Limited+1
416-607-7704t.chan@zoomermedia.ca |
Leanne WrightVice President
CommunicationsZoomerMedia Limited+1
416-886-6873leanne@zoomer.ca |
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