Mr. Richard Ryan reports
MATRRIX ANNOUNCES GRANT OF STOCK OPTIONS
Matrrix Energy Technologies Inc. has granted stock options to certain directors, officers and employees.
Grant of stock options
The corporation has granted a total of 927,446 stock options to certain directors, officers and employees pursuant to the corporation's incentive stock option plan, at an exercise price of 25 cents per share, being the closing price of Matrrix stock on Tuesday, June 30, 2015. All options are subject to vesting as to one-third a year from the date of grant, one-third two years from the date of grant and the remaining one-third vesting three years from the date of grant. Once vested, the options can be exercised and have an expiration date that is one year from the date of vesting. The grant of options is subject to applicable stock exchange and regulatory approvals.
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