Mr. Rishi Tibriwal reports
MINT AMENDS STOCK OPTION PLAN
The Mint Corp. has amended its 10-per-cent rolling stock option plan to change it to a fixed-number plan.
Under the 10-per-cent rolling plan, the company could grant stock options to purchase up to 10 per cent of the issued common shares of the company at the time of grant of any option. Under the fixed-number plan, the company has reserved a fixed number of 2,691,528 common shares for the grant of stock options, which is equal to 3.65 per cent of the current issued and outstanding common shares of the company.
There are no options outstanding under the stock option plan.
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