Mr. William Ying reports
BENCHMARK GRANTS STOCK OPTIONS
Benchmark Botanics Inc. has granted stock options to a director and an officer of the company for an aggregate of 950,000 stock options of the company exercisable at 48 cents, being the unit price for each common share of the most recent market price closed on Oct. 19, 2018, effective Oct. 19, 2018. The options shall expire and terminate on Oct. 18, 2023.
These stock options have been granted in accordance with the company's stock option plan. Pursuant to this plan, the company is authorized to grant an aggregate of up to 10 per cent of its issued and outstanding common shares on a rolling basis. Immediately following this award of stock options, the company has issued and outstanding stock options for 9,563,333 common shares of the company, and there were 4,608,131 stock options of the company available for future grant.
We seek Safe Harbor.
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