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California Nanotechnologies Announces Stock Options

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California Nanotechnologies Corp. (TSXV: CNO) (OTC Pink: CANOF) has granted 1,300,000 incentive stock options to its employees, directors, and officers. The options were approved by the Board of Directors on July 25, 2024, with an exercise price of $0.83 CAD per share, matching the most recent closing price. These options will vest over three years and expire after five years, subject to TSX Venture Exchange requirements.

The grant includes specific allocations to key individuals: CEO Eric Eyerman received 375,000 options, Director Christopher Melnyk 320,000, Director Roger Dent 90,000, Director Sebastien Goulet 65,000, Director Enrique Lavernia 50,000, and Investor Relations Brandon Chow 25,000.

California Nanotechnologies Corp. (TSXV: CNO) (OTC Pink: CANOF) ha concesso 1.300.000 opzioni azionarie opzionali ai suoi dipendenti, direttori e funzionari. Le opzioni sono state approvate dal Consiglio di Amministrazione il 25 luglio 2024, con un prezzo di esercizio di $0,83 CAD per azione, corrispondente all'ultimo prezzo di chiusura. Queste opzioni matureranno in tre anni e scadranno dopo cinque anni, in conformità ai requisiti della Borsa di Toronto Venture.

La concessione include allocazioni specifiche per individui chiave: il CEO Eric Eyerman ha ricevuto 375.000 opzioni, il Direttore Christopher Melnyk 320.000, il Direttore Roger Dent 90.000, il Direttore Sebastien Goulet 65.000, il Direttore Enrique Lavernia 50.000 e le Relazioni con gli Investitori Brandon Chow 25.000.

California Nanotechnologies Corp. (TSXV: CNO) (OTC Pink: CANOF) ha otorgado 1.300.000 opciones de acciones incentivo a sus empleados, directores y funcionarios. Las opciones fueron aprobadas por la Junta Directiva el 25 de julio de 2024, con un precio de ejercicio de $0.83 CAD por acción, que coincide con el precio de cierre más reciente. Estas opciones se adquirirán en un plazo de tres años y expirarán en cinco años, sujetas a los requisitos de la Bolsa de Valores de Toronto Venture.

La concesión incluye asignaciones específicas para individuos clave: el CEO Eric Eyerman recibió 375.000 opciones, el Director Christopher Melnyk 320.000, el Director Roger Dent 90.000, el Director Sebastien Goulet 65.000, el Director Enrique Lavernia 50.000 y Relaciones con Inversores Brandon Chow 25.000.

캘리포니아 나노기술 주식회사 (TSXV: CNO) (OTC Pink: CANOF)는 130만 주의 인센티브 스톡 옵션을 직원, 이사 및 임원에게 부여했습니다. 옵션은 2024년 7월 25일 이사회에서 승인되었으며, 주당 $0.83 CAD의 행사 가격이 정해졌습니다. 이는 최근 마감 가격과 일치합니다. 이 옵션은 3년 동안 분할 지급될 예정이며 5년 후에 만료됩니다, TSX 벤처 거래소의 요구 사항을 따릅니다.

부여된 옵션은 주요 개인들을 위한 특정 할당을 포함합니다: CEO 에릭 아이어맨은 375,000 옵션을 수령했습니다, 이사 크리스토퍼 멜닉 320,000, 이사 로저 덴트 90,000, 이사 세바스티안 구레 65,000, 이사 엔리케 라베르니아 50,000, 그리고 투자자 관계 브랜든 차우 25,000입니다.

California Nanotechnologies Corp. (TSXV: CNO) (OTC Pink: CANOF) a accordé 1.300.000 options sur actions incitatives à ses employés, directeurs et dirigeants. Les options ont été approuvées par le Conseil d'Administration le 25 juillet 2024, avec un prix d'exercice de 0,83 $ CAD par action, correspondant au dernier prix de clôture. Ces options matureront sur trois ans et expireront après cinq ans, sous réserve des exigences de la Bourse de Toronto Venture.

Cette attribution comprend des allocations spécifiques à des individus clés : le PDG Eric Eyerman a reçu 375.000 options, le Directeur Christopher Melnyk 320.000, le Directeur Roger Dent 90.000, le Directeur Sebastien Goulet 65.000, le Directeur Enrique Lavernia 50.000 et les Relations Investisseurs Brandon Chow 25.000.

California Nanotechnologies Corp. (TSXV: CNO) (OTC Pink: CANOF) hat 1.300.000 Anreiz-Aktienoptionen an seine Mitarbeiter, Direktoren und Führungskräfte gewährt. Die Optionen wurden am 25. Juli 2024 vom Vorstand genehmigt, mit einem Ausübungspreis von 0,83 $ CAD pro Aktie, der dem letzten Schlusskurs entspricht. Diese Optionen werden über drei Jahre wegfallen und nach fünf Jahren verfallen, vorbehaltlich der Anforderungen der TSX-Venture-Börse.

Die Gewährung umfasst spezifische Zuteilungen an Schlüsselpersonen: CEO Eric Eyerman erhielt 375.000 Optionen, Direktor Christopher Melnyk 320.000, Direktor Roger Dent 90.000, Direktor Sebastien Goulet 65.000, Direktor Enrique Lavernia 50.000 und Investor Relations Brandon Chow 25.000.

Positive
  • Incentive alignment with 1,300,000 stock options granted to employees, directors, and officers
  • Options exercise price set at current market value ($0.83 CAD), potentially indicating confidence in future growth
Negative
  • Potential dilution of existing shareholders' equity due to the issuance of 1,300,000 new stock options

Los Angeles, California--(Newsfile Corp. - July 26, 2024) - California Nanotechnologies Corp. (TSXV: CNO) (OTC Pink: CANOF) ("Cal Nano" or the "Company") has granted 1,300,000 incentive stock options to the employees, directors and officers of the Company. The options were granted pursuant to the Company's Stock Option Plan and received approval by Board of Directors Resolution on July 25, 2024. The options were granted at the exercise price of $0.83 CAD per share which was the most recent closing price. The stock options will vest over three years, expire after a five-year period and are subject to TSX Venture Exchange requirements.

The options granted include those in the table below:

Name Position Options Granted
Eric EyermanCEO375,000
Roger DentDirector90,000
Sebastien GouletDirector65,000
Enrique LaverniaDirector50,000
Christopher MelnykDirector320,000
Brandon Chow Investor Relations25,000

 

About California Nanotechnologies, Inc.

At Cal Nano, we envision a world in which our advanced technologies are used to help make the most innovative products on this planet and beyond. Global leaders trust us to help push the boundaries of applied material science by utilizing our unique technical expertise and vision. Headquartered in Greater Los Angeles, California, Cal Nano hosts advanced processing and testing capabilities for materials research and production needs. Customers range from Fortune 500 companies to startups with programs spanning aerospace, renewable energy, defense, and semiconductors.

For further information, please contact:

Eric Eyerman, CEO
T: (562)-991-5211
E: info@calnanocorp.com
W: www.calnanocorp.com

Panolia Investor Relations Inc.
Brandon Chow, Principal & Founder
T: +1 (647) 598-8815
brandon@panoliair.com

Reader Advisory

Except for statements of historical fact, this news release contains certain "forward-looking information" within the meaning of applicable securities law. Forward-looking information is frequently characterized by words such as "plan", "expect", "project", "intend", "believe", "anticipate", "estimate" and other similar words, or statements that certain events or conditions "may" or "will" occur. In particular, forward-looking information in this press release includes, but is not limited to the expected future performance of the Company. Although we believe that the expectations reflected in the forward-looking information are reasonable, there can be no assurance that such expectations will prove to be correct. We cannot guarantee future results, performance or achievements. Consequently, there is no representation that the actual results achieved will be the same, in whole or in part, as those set out in the forward-looking information. Forward-looking information is based on the opinions and estimates of management at the date the statements are made, and are subject to a variety of risks and uncertainties and other factors that could cause actual events or results to differ materially from those anticipated in the forward-looking information. Some of the risks and other factors that could cause the results to differ materially from those expressed in the forward-looking information include, but are not limited to: general economic conditions in Canada, the United States and globally; industry conditions, governmental regulation, including environmental regulation; unanticipated operating events or performance; failure to obtain industry partner and other third party consents and approvals, if and when required; the availability of capital on acceptable terms; the need to obtain required approvals from regulatory authorities; stock market volatility; competition for, among other things, capital, skilled personnel and supplies; changes in tax laws; and the other risk factors disclosed under our profile on SEDAR at www.sedar.com. Readers are cautioned that this list of risk factors should not be construed as exhaustive.

The forward-looking information contained in this news release is expressly qualified by this cautionary statement. We undertake no duty to update any of the forward-looking information to conform such information to actual results or to changes in our expectations except as otherwise required by applicable securities legislation. Readers are cautioned not to place undue reliance on forward-looking information.

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

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/217919

FAQ

How many stock options did California Nanotechnologies (CANOF) grant on July 25, 2024?

California Nanotechnologies granted 1,300,000 incentive stock options to employees, directors, and officers on July 25, 2024.

What is the exercise price for the stock options granted by California Nanotechnologies (CANOF)?

The exercise price for the stock options granted is $0.83 CAD per share, which was the most recent closing price at the time of the grant.

How many stock options were granted to California Nanotechnologies' (CANOF) CEO Eric Eyerman?

CEO Eric Eyerman was granted 375,000 stock options as part of the incentive program.

What are the vesting and expiration terms for the stock options granted by California Nanotechnologies (CANOF)?

The stock options will vest over three years and expire after a five-year period, subject to TSX Venture Exchange requirements.

CALIFORNIA NANOTECHS CORP

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