Mr. Trent Northcutt reports
AURORA SPINE GRANTS STOCK OPTIONS
Aurora Spine Corp. has granted options to acquire one million common shares of the company to Trent J. Northcutt, president and chief executive officer. The options are exercisable at a price of 39.5 cents per common share and vest one-third on the first, second and third annual anniversaries from the date of grant. The options have a term of five years and are subject in all respects to the terms of the company's stock option plan.
The option grants constitute a related party transaction within the meaning of Multilateral Instrument 61-101 -- Protection of Minority Security Holders in Special Transactions (MI 61-101) and the policies of the TSX Venture Exchange, but are otherwise exempt from the formal valuation and minority approval requirements of MI 61-101.
About Aurora Spine
Corp.
Aurora Spine is focused on bringing new solutions to the spinal implant market through a series of innovative, minimally invasive, regenerative spinal implant technologies.
We seek Safe Harbor.
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