Ms. Ingrid Zerbe reports
INTELGENX GRANTS STOCK OPTIONS
IntelGenx Technologies Corp.'s board of directors has granted options to acquire a total of 650,000 common shares under the 2016 stock option plan.
Of the total stock options granted, 200,000 were granted to Dana Matzen, the vice-president, business and corporate development, of IntelGenx Corp., and 75,000 were granted to Mark Nawacki, a non-employee director of the company. In addition, a total of 325,000 options to acquire common shares were granted to seven employees of IntelGenx Corp., and 50,000 options were granted to a consultant of IntelGenx Corp.
The options have an exercise price of 73 U.S. cents (97 Canadian cents), vest over a period of two years at the rate of 25 per cent every six months and expire on Sept. 15, 2026.
We seek Safe Harbor.
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