06:50:21 EDT Thu 28 Sep 2023
Enter Symbol
or Name

Login ID:
Yerbae Brands Corp
Symbol YERB
Shares Issued 58,161,619
Close 2023-09-18 U$ 2.01
Recent Sedar Documents

Yerbae grants options to buy 175,000 shares

2023-09-18 21:04 ET - News Release

Mr. Todd Gibson reports


Yerbae Brands Corp. has granted an aggregate of 175,000 stock options to purchase up to 175,000 common shares in the capital of the company to certain consultants of the company. The options are exercisable for a period of seven years from the date of grant at a price of $2.01 (U.S.) per share. All options vest 12 months following the date of grant.

The company has also awarded 248,756 performance share units (PSUs) of the company to consultants of the company pursuant to the plan. Each PSU represents the right to receive, once vested and the requisite performance criteria is met, one share. Accordingly, each PSU shall, subject to the policies of the TSX Venture Exchange, vest contingent upon and at the time of completion of 12 consecutive months of consulting services rendered by the recipient from the date of grant.

All of the options, the PSUs, and the shares underlying such options and PSUs, as applicable, are subject to a hold period of four months and one day from the date of issuance.

About Yerbae Brands Corp.

Founded in 2017 by Todd Gibson and Karrie Gibson, Yerbae is disrupting the energy beverage marketplace with great tasting, zero-sugar, zero-calorie beverages, while using plant-based ingredients that are designed to meet the needs of the wellness forward consumer. Harnessing the power of nature, Yerbae's celebrity ingredient (yerba mate) is known to produce 196 different vitamins, minerals and nutrients that also produces caffeine.

By combining yerba mate, a South American herb, with its premium ingredients and flavours, Yerbae provides consumers with a no-compromise energy solution. All Yerbae energy beverages are zero calorie, zero sugar, non-GMO (genetically modified organism) and gluten free.

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