INDIVA Limited (the “Company” or “INDIVA“) (TSX-V:NDVA) is pleased to announce that the Company has granted 810,000 incentive stock options (the “Options“) to certain employees and an executive officer.
The Options have an exercise price of $0.80 per share and will be valid until May 9, 2024.
The Company’s Stock Option Plan allows for the issuance of up to 10% of issued and outstanding share capital in the form of incentive stock options. As a result of this grant, the Company has a total of 5,033,315 stock options issued, representing approximately 6% of the issued and outstanding share capital.
SOURCE Indiva Limited
