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Captiva Verde grants options to buy 500,000 shares

2016-03-15 13:35 ET - News Release

Mr. Jeffrey Ciachurski reports

CAPTIVA VERDE GRANTS STOCK OPTIONS

Captiva Verde Industries Ltd. has issued an aggregate of 500,000 incentive stock options in accordance with the company's stock option plan to a director and officer of the company. Each option, vesting immediately upon grant, entitles the holder to purchase one common share of the company at a price of 37 cents per share until March 15, 2021. The options and any common shares issued upon exercise will be subject to a four-month-and-a-day resale restriction from the date of grant.

We seek Safe Harbor.

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