07:12:56 EDT Tue 19 Mar 2024
Enter Symbol
or Name
USA
CA



EnWave Corp
Symbol ENW
Shares Issued 100,672,909
Close 2018-04-23 C$ 1.45
Market Cap C$ 145,975,718
Recent Sedar Documents

EnWave grants options to buy 115,000 shares

2018-04-24 11:19 ET - News Release

Dr. Tim Durance reports

ENWAVE ANNOUNCES GRANT OF STOCK OPTIONS AND RESTRICTED SHARE RIGHTS

EnWave Corp. has granted 115,000 incentive stock options pursuant to the company's stock option plan to certain directors, officers and employees of the company. The options are exercisable at a price of $1.45 per share, the last closing price per share on the company's common shares on the TSX Venture Exchange on the date of the grant. The options are exercisable for a term of five years expiring on April 24, 2023, and will vest in accordance to provisions set out in the plan, or as otherwise required by the TSX Venture Exchange. The grant is subject to regulatory approval.

Additionally, pursuant to the company's restricted share rights plan, a total of 275,000 restricted share rights (RSRs) were awarded to certain directors, officers and employees of the company on April 23, 2018. These RSRs will vest three years from the date of award.

About EnWave Corp.

EnWave has developed Radiant Energy Vacuum (REV), an innovative, proprietary method for the precise dehydration of organic materials. EnWave has further developed patent-pending methods for uniformly drying and decontaminating cannabis through the use of REV technology, shortening the time from harvest to marketable cannabis products.

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