Pond Technologies Holdings Inc.: Pond Technologies Announces Grant of Stock Options
MARKHAM, ON / ACCESSWIRE / April 1, 2021 / Pond Technologies Holdings Inc. ("
Pond") (TSX.V:POND); (OTCQB:PNDHF); (FSE:400), an ESG company addressing global sustainability challenges of wellness and climate change announces that on March 31, 2021 it granted an aggregate of 1,495,000, stock options (the "
Options") to eligible executives, employees and consultants under the Corporation's existing stock option plan. Each Option is exercisable for one common share of the Corporation at an exercise price of $0.62 per share. The closing price of the common shares of the Corporation on the TSX Venture Exchange on March 30, 2021 was $0.62. The Options have a term of 3 years and vest as to one-third on the date of grant, one-third on the first anniversary of the date of grant, and the balance on the second anniversary of the date of grant.