18:02:50 EDT Tue 14 May 2024
Enter Symbol
or Name
USA
CA



Clear Blue Technologies International Inc
Symbol CBLU
Shares Issued 123,917,071
Close 2023-12-28 C$ 0.075
Market Cap C$ 9,293,780
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Clear Blue grants options to buy 2.29 million shares

2023-12-28 17:16 ET - News Release

Ms. Miriam Tuerk reports

CLEAR BLUE TECHNOLOGIES ANNOUNCES OPTION GRANTS

Clear Blue Technologies International Inc.'s board of directors has approved the grant of 2.29 million incentive stock options.

Two million one hundred ninety thousand options were granted to directors and senior officers of the corporation and vest in full on Dec. 31, 2024. The options are exercisable into common shares of the company at a price of 6.5 cents per share, subject to the rules of the TSX Venture Exchange and the company's 2023 omnibus equity incentive compensation plan. All options will expire on Dec. 31, 2028.

One hundred thousand options were granted to German Research GmbH, the company's investor relations consultant in Germany, and shall vest equally over a four-year period, such that one-fourth of the options shall vest on the first, second, third and fourth anniversary dates of the date that the options were granted. The options are exercisable into common shares of the company at a price of 6.5 cents per share, subject to the rules of the TSX Venture Exchange and the company's 2023 omnibus equity incentive compensation plan. All options will expire on Dec. 31, 2028.

About Clear Blue Technologies International Inc.

Clear Blue, the Smart Off-Grid company, was founded on a vision of delivering clean, managed wireless power to meet the global need for reliable, low-cost, solar and hybrid power for lighting, telecom, security, Internet of things devices and other mission-critical systems. Today, Clear Blue has thousands of systems under management across 55 countries, including the United States and Canada.

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