{"id":392992,"date":"2020-12-03T12:55:30","date_gmt":"2020-12-03T17:55:30","guid":{"rendered":"http:\/\/www.marketnewsdesk.com\/?p=392992"},"modified":"2020-12-03T12:55:30","modified_gmt":"2020-12-03T17:55:30","slug":"jemtec-director-exercise-options","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/jemtec-director-exercise-options\/","title":{"rendered":"Jemtec Director Exercise Options"},"content":{"rendered":"
\n

Canada NewsWire<\/p>\n<\/p><\/div>\n

\n

\n VANCOUVER, BC<\/span>, Dec. 3, 2020<\/span> \/CNW\/ – JEMTEC Inc. (TSXV: JTC) (the “Company”) announces that a Company Director, Gordon Baker<\/span>, had exercised an option to purchase 57,805 shares of JEMTEC stock.<\/p>\n

Pursuant to the Company’s 2005 Plan (the Plan), the Board of Directors may, from time\u00a0to time, grant options to directors, officers, employees and consultants of the Company. Each option entitles the holder to acquire one common share of the Company at such price and on such terms as determined by the Board in accordance with the Plan. The Options exercised by the Director were granted on December 3<\/span>rd<\/sup> 2015 under the Plan at an exercise price of $0.345<\/span> and were fully vested on June 03,\u00a02017.<\/p>\n

The Company also mentions for clarity these exercises\u00a0are\u00a0separate\u00a0from\u00a0the\u00a0125,000 options\u00a0 granted under the 2018 Plan to certain directors of the Company at an exercise\u00a0price of\u00a0$0.75\u00a0 per\u00a0share. Those options are subject to vesting provisions over a two-year\u00a0period.<\/p>\n

\n
\n FORWARD-LOOKING STATEMENTS<\/i>
\n <\/b>\n <\/p>\n

\n This\u00a0 news\u00a0 release\u00a0 contains\u00a0 forward-looking\u00a0\u00a0 statements,\u00a0\u00a0 which\u00a0\u00a0 relate\u00a0\u00a0 to\u00a0\u00a0 future\u00a0\u00a0 events\u00a0\u00a0 or\u00a0\u00a0 future performance and reflect management’s current expectations and assumptions. Such forward- looking statements reflect management’s current beliefs and are based on assumptions made by and information currently available to the Company. Investors are cautioned that these forward looking statements are neither promises nor guarantees, and are subject to risks and uncertainties that may\u00a0 cause future results to differ materially from those expected. These forward-looking statements are made as of the date hereof and, except as required under\u00a0 applicable\u00a0 securities\u00a0 legislation,\u00a0 the\u00a0 Company\u00a0 does not assume any obligation to update or revise them to reflect new events or\u00a0circumstances.<\/i>\n <\/p>\n

\n Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.<\/i>\n <\/p>\n

SOURCE Jemtec Inc.<\/p>\n<\/p><\/div>\n

\"\"<\/p>\n","protected":false},"excerpt":{"rendered":"

Canada NewsWire VANCOUVER, BC, Dec. 3, 2020 \/CNW\/ – JEMTEC Inc. (TSXV: JTC) (the “Company”) announces that a Company Director, Gordon Baker, had exercised an option to purchase 57,805 shares of JEMTEC stock. Pursuant to the Company’s 2005 Plan (the Plan), the Board of Directors may, from time\u00a0to time, grant options to directors, officers, employees and consultants of the Company. Each option entitles the holder to acquire one common share of the Company at such price and on such terms as determined by the Board in accordance with the Plan. The Options exercised by the Director were granted on December 3rd 2015 under the Plan at an exercise price of $0.345 and were fully vested on June 03,\u00a02017. The Company … <\/p>\n

Continue reading “Jemtec Director Exercise Options”<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-392992","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"\nJemtec Director Exercise Options - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/jemtec-director-exercise-options\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Jemtec Director Exercise Options - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"Canada NewsWire VANCOUVER, BC, Dec. 3, 2020 \/CNW\/ – JEMTEC Inc. (TSXV: JTC) (the “Company”) announces that a Company Director, Gordon Baker, had exercised an option to purchase 57,805 shares of JEMTEC stock. Pursuant to the Company’s 2005 Plan (the Plan), the Board of Directors may, from time\u00a0to time, grant options to directors, officers, employees and consultants of the Company. Each option entitles the holder to acquire one common share of the Company at such price and on such terms as determined by the Board in accordance with the Plan. The Options exercised by the Director were granted on December 3rd 2015 under the Plan at an exercise price of $0.345 and were fully vested on June 03,\u00a02017. 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