{"id":406354,"date":"2020-12-29T16:43:17","date_gmt":"2020-12-29T21:43:17","guid":{"rendered":"http:\/\/www.marketnewsdesk.com\/?p=406354"},"modified":"2020-12-29T16:43:17","modified_gmt":"2020-12-29T21:43:17","slug":"wow-unlimited-media-announces-clarification-to-december-24-2020-press-release","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/wow-unlimited-media-announces-clarification-to-december-24-2020-press-release\/","title":{"rendered":"WOW! Unlimited Media Announces Clarification to December 24, 2020 Press Release"},"content":{"rendered":"<div class=\"mw_release\">\n<p align=\"justify\">VANCOUVER, British Columbia, Dec.  29, 2020  (GLOBE NEWSWIRE) &#8212; WOW! Unlimited Media Inc. (\u201cWOW!\u201d or the \u201cCompany\u201d) (TSXV: WOW; OTCQX: WOWMF) wishes to clarify certain disclosures in its press release titled \u201cWOW! Unlimited Media Announces Grant of Stock Options to Independent Directors,\u201d issued on December 24, 2020 (the \u201cDecember 24 Press Release\u201d). The option exercise price of C$0.40 per common\u00a0voting\u00a0share was calculated based on the 10-day volume weighted average price for the period ended (and including) December 16, 2020, rather than the most recent 10-day volume weighted average price, of the Company\u2019s common voting shares as quoted on the TSX Venture Exchange. In addition, the reference in the December 24 Press Release to the Company\u2019s stock option plan, as approved by shareholders on December 12, 2016, should have been to the Company\u2019s stock options plan <em>originally<\/em> approved by shareholders on such date.<\/p>\n<p align=\"justify\">These clarifications do not change any other amounts or information reported in the December 24 Press release.<\/p>\n<p>\n        <strong>About WOW! <\/strong>\n      <\/p>\n<p align=\"justify\">WOW! is creating a leading animation-focused entertainment company by producing top-end content and building brands and audiences on engaging media platforms. The Company produces animation in its two established studios: Mainframe Studios in Vancouver and Frederator Studios in Los Angeles. The Company\u2019s media offerings include Channel Frederator Network on YouTube, as well as WOW! branded programming on Crave, Canada\u2019s premier streaming entertainment platform, owned by Bell Media. The Voting Shares are listed on the TSXV (TSXV: WOW) and the OTCQX Best Market (OTCQX: WOWMF).<\/p>\n<p>Further information available at:<\/p>\n<p align=\"justify\">Website: <a href=\"http:\/\/www.wowunlimited.co\" rel=\"nofollow noopener noreferrer\" target=\"_blank\">www.wowunlimited.co<\/a><\/p>\n<p>      <img loading=\"lazy\" decoding=\"async\" class=\"__GNW8366DE3E__IMG\" src=\"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=ODExODU5NiMzODk5MTAzIzIwODgxMzc=\" width=\"1\" height=\"1\" \/><br \/>\n      <br \/>\n      <img loading=\"lazy\" decoding=\"async\" class=\"__GNW8366DE3E__IMG\" src=\"https:\/\/ml.globenewswire.com\/release\/track\/7c7c5a04-231c-4c60-a863-04df4a9bc76b\" width=\"1\" height=\"1\" \/>\n    <\/div>\n<div class=\"mw_contactinfo\">\n<pre>Contact: Bill Mitoulas, Investor Relations\r\nTel: (416) 479-9547\r\nEmail: billm@wowunlimited.co<\/pre>\n<\/p><\/div>\n","protected":false},"excerpt":{"rendered":"<p>VANCOUVER, British Columbia, Dec. 29, 2020 (GLOBE NEWSWIRE) &#8212; WOW! Unlimited Media Inc. (\u201cWOW!\u201d or the \u201cCompany\u201d) (TSXV: WOW; OTCQX: WOWMF) wishes to clarify certain disclosures in its press release titled \u201cWOW! Unlimited Media Announces Grant of Stock Options to Independent Directors,\u201d issued on December 24, 2020 (the \u201cDecember 24 Press Release\u201d). The option exercise price of C$0.40 per common\u00a0voting\u00a0share was calculated based on the 10-day volume weighted average price for the period ended (and including) December 16, 2020, rather than the most recent 10-day volume weighted average price, of the Company\u2019s common voting shares as quoted on the TSX Venture Exchange. In addition, the reference in the December 24 Press Release to the Company\u2019s stock option plan, as approved &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.marketnewsdesk.com\/index.php\/wow-unlimited-media-announces-clarification-to-december-24-2020-press-release\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;WOW! Unlimited Media Announces Clarification to December 24, 2020 Press Release&#8221;<\/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-406354","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.8 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>WOW! Unlimited Media Announces Clarification to December 24, 2020 Press Release - 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\/wow-unlimited-media-announces-clarification-to-december-24-2020-press-release\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"WOW! Unlimited Media Announces Clarification to December 24, 2020 Press Release - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"VANCOUVER, British Columbia, Dec. 29, 2020 (GLOBE NEWSWIRE) &#8212; WOW! Unlimited Media Inc. (\u201cWOW!\u201d or the \u201cCompany\u201d) (TSXV: WOW; OTCQX: WOWMF) wishes to clarify certain disclosures in its press release titled \u201cWOW! Unlimited Media Announces Grant of Stock Options to Independent Directors,\u201d issued on December 24, 2020 (the \u201cDecember 24 Press Release\u201d). The option exercise price of C$0.40 per common\u00a0voting\u00a0share was calculated based on the 10-day volume weighted average price for the period ended (and including) December 16, 2020, rather than the most recent 10-day volume weighted average price, of the Company\u2019s common voting shares as quoted on the TSX Venture Exchange. In addition, the reference in the December 24 Press Release to the Company\u2019s stock option plan, as approved &hellip; Continue reading &quot;WOW! 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