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Ottawa, Ontario–(Newsfile Corp. – May 11, 2022) – C-COM Satellite Systems Inc., (TSXV: CMI) (OTCQB: CYSNF) a leading global provider of commercial grade mobile auto-deploying satellite antenna systems, announced today, that it has received shareholder approval to amend its option plan to set the number of common shares available for issuance pursuant to options granted under the plan at 8,176,280 common shares, being 20% of the issued and outstanding common shares.

This increase to the option pool was previously described in the meeting materials for C-COM’s annual shareholder meeting held on May 10, 2022, and the increase was approved by shareholders at that meeting. All option plan amendments require approval of the TSX Venture Exchange.

About C-COM Satellite Systems Inc.

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/123613

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