18:19:11 EDT Tue 14 May 2024
Enter Symbol
or Name
USA
CA



Edge Total Intelligence Inc
Symbol CTRL
Shares Issued 55,035,000
Close 2024-01-18 C$ 0.62
Market Cap C$ 34,121,700
Recent Sedar Documents

Edge Total grants options to buy 1.67 million shares

2024-01-19 00:42 ET - News Release

Mr. James Barrett reports

EDGE TOTAL INTELLIGENCE ANNOUNCES GRANT OF STOCK OPTIONS

Edge Total Intelligence Inc. has granted an aggregate of 1,675,000 equity incentive options pursuant to the terms of the company's omnibus share incentive plan. Each option is exercisable at a price of 62 cents per option to acquire one common share of the company for a period of five years from the grant date. One-third of the options will vest immediately, the second third will vest at the first anniversary of the grant and the rest will vest on the second anniversary of the grant. The options are subject to approval of the TSX Venture Exchange.

James Barrett, the chief executive officer and a director of the company, was granted an aggregate of 325,000 options. John Palmer, chief operating officer, was granted an aggregate of 325,000 options. Jacques Jarman, chief revenue officer, was granted an aggregate of 325,000 options. Scott Lesley, chief technology officer, was granted an aggregate of 325,000 options. Nicholas Brigman, the corporate secretary of the company, was granted an aggregate of 325,000 options.

Options granted to directors, officers and consultants are subject to the exchange hold period (as defined in the policies of the TSX Venture Exchange).

After the aforementioned grant of options, based on 55,035,000 issued and outstanding shares, the company has 414,667 option awards remaining pursuant to the plan that may be granted to eligible participants.

Edge Total also wishes to reiterate that the company issued an update on Monday, Jan. 15, in regard to its coming investor relations program and debt.

About Edge Total Intelligence Inc.

Edge Total helps customers sustain situational awareness and accelerate action with its real-time digital operations software, edgeCore, that unites multiple software applicates and data sources into one immersive experience. Global enterprises, service providers and governments are more profitable when insight and action are united to deliver fluid journeys through the platform's low-code development capability and composable operations. With edgeCore, customers can improve their margins and agility by rapidly transforming siloed systems and data across continuously evolving situations in business, technology and cross-domain operations -- helping them achieve the impossible.

We seek Safe Harbor.

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