Mr. Ben Lui reports
YORKTON EQUITY GROUP INC. ANNOUNCES GRANT OF STOCK OPTIONS
Yorkton Equity Group Inc. has granted stock options exercisable to purchase an aggregate of 177,000 common shares of the company to an executive officer of the company. The stock options have an exercise price of 17 cents per common share for a term of 45 days and will vest immediately upon grant.
The stock options are governed by the terms and conditions of the company's stock option plan. All stock options are subject to any earlier termination in accordance with their terms and the company's stock option plan.
The stock options and any common shares of the company issuable upon exercise of the stock options will be subject to a statutory hold period lasting four months and one day following the grant date.
This stock option grant is subject to TSX Venture Exchange approval.
About Yorkton
Equity Group Inc.
Yorkton Equity Group is a growth-oriented real estate investment company committed to providing shareholders with growing assets through accretive acquisitions, organic growth and the active management of multifamily rental properties with significant upside potential. The company's current geographical focus is markets in Alberta and British Columbia, with diversified and growing economies, and strong population in-migration. Yorkton's business objectives are to achieve growing net operating income (NOI) as well as the asset values in its multifamily rental property portfolio in strategic markets across Western Canada.
The management team at Yorkton Equity Group has well over 30 years of real estate experience in acquiring and managing rental assets.
We seek Safe Harbor.
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