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TrustBIX Inc. Announces Stock Option Grant

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TrustBIX Inc. (TSXV: TBIX) has announced a new stock option grant approved by its Board of Directors. The company will issue options to purchase up to 4,120,000 common shares to its directors, officers, employees and consultants. The options have an exercise price of $0.05 per common share, with a three-year expiration period. The vesting schedule is structured in three equal portions: one-third vesting immediately upon grant, another third on the first anniversary, and the final third on the second anniversary.

TrustBIX Inc. (TSXV: TBIX) ha annunciato una nuova concessione di opzioni su azioni approvata dal suo Consiglio di Amministrazione. La società emetterà opzioni per l'acquisto di un massimo di 4.120.000 azioni ordinarie ai suoi amministratori, dirigenti, dipendenti e consulenti. Le opzioni hanno un prezzo di esercizio di 0,05 $ per azione ordinaria, con un periodo di scadenza di tre anni. Il piano di maturazione è strutturato in tre parti uguali: un terzo matura immediatamente al momento della concessione, un altro terzo al primo anniversario e l'ultimo terzo al secondo anniversario.

TrustBIX Inc. (TSXV: TBIX) ha anunciado una nueva concesión de opciones sobre acciones aprobada por su Junta Directiva. La empresa emitirá opciones para comprar hasta 4.120.000 acciones comunes a sus directores, ejecutivos, empleados y consultores. Las opciones tienen un precio de ejercicio de 0,05 $ por acción común, con un periodo de vencimiento de tres años. El calendario de adquisición está estructurado en tres partes iguales: un tercio se adquiere inmediatamente al otorgarse, otro tercio en el primer aniversario y el último tercio en el segundo aniversario.

TrustBIX Inc. (TSXV: TBIX)는 이사회의 승인을 받은 새로운 주식 매수선택권 부여를 발표했습니다. 회사는 이사, 임원, 직원 및 컨설턴트에게 최대 4,120,000 보통주를 매수할 수 있는 옵션을 발행할 예정입니다. 옵션의 행사가격은 주당 0.05달러이며, 만료 기간은 3년입니다. 권리 확정 일정은 세 부분으로 나뉘며, 3분의 1은 부여 즉시 확정되고, 또 다른 3분의 1은 1주년, 마지막 3분의 1은 2주년에 확정됩니다.

TrustBIX Inc. (TSXV : TBIX) a annoncé une nouvelle attribution d’options d’achat d’actions approuvée par son conseil d’administration. La société émettra des options permettant d’acheter jusqu’à 4 120 000 actions ordinaires à ses administrateurs, dirigeants, employés et consultants. Les options ont un prix d’exercice de 0,05 $ par action ordinaire, avec une période d’expiration de trois ans. Le calendrier d’acquisition est structuré en trois parts égales : un tiers acquiert immédiatement ses droits à l’attribution, un autre tiers au premier anniversaire, et le dernier tiers au deuxième anniversaire.

TrustBIX Inc. (TSXV: TBIX) hat eine neue Aktienoptionszuteilung bekannt gegeben, die vom Vorstand genehmigt wurde. Das Unternehmen wird Optionen zum Kauf von bis zu 4.120.000 Stammaktien an seine Direktoren, Führungskräfte, Mitarbeiter und Berater ausgeben. Die Optionen haben einen Ausübungspreis von 0,05 $ pro Stammaktie und eine Laufzeit von drei Jahren. Der Vesting-Zeitplan ist in drei gleiche Teile gegliedert: Ein Drittel wird sofort bei Gewährung fällig, ein weiteres Drittel am ersten Jahrestag und das letzte Drittel am zweiten Jahrestag.

Positive
  • None.
Negative
  • Potential shareholder dilution of up to 4,120,000 shares if all options are exercised

Edmonton, Alberta--(Newsfile Corp. - April 16, 2025) - TrustBIX Inc. (TSXV: TBIX) ("TrustBIX" or the "Company") announces that, in accordance with the policies of the TSX Venture Exchange, the Board of Directors has approved a grant of stock options to its directors, officers, employees and consultants to purchase an aggregate of up to 4,120,000 common shares pursuant to its stock option plan ("Options"). The Options have an exercise price of $0.05 per common share and will vest one third on each of the grant, first anniversary and second anniversary dates. The Options will expire in three years if not exercised.

About TrustBIX (TSXV: TBIX)

TrustBIX is an agricultural technology company providing Gate to Plate® solutions to create a world where we trust more, waste less, and reward sustainable practices. Our award-winning technologies offer practical tools trusted by local and international agri-food organizations.

www.TrustBIX.com

Forward-Looking Information

This press release contains certain forward-looking information and reflects the Company's present assumptions regarding future events. These statements involve known and unknown risks, uncertainties, and other factors that may cause the Company's actual results, levels of activity, performance, and/or achievements to be materially different from any future results, levels of activity, performance, or achievements expressed or implied by these forward-looking statements.

Certain statements contained in this document constitute forward-looking statements and information within the meaning of the applicable Canadian securities legislation. When used in this document, the words "may", "would", "could", "should", "will", "intend", "plan", "propose", "anticipate", "believe", "forecast", "estimate", "expect" and similar expressions used by any of the Company's management, are intended to identify forward-looking statements. Such statements reflect the Company's internal projections, expectations, future growth, performance and business prospects and opportunities and are based on information currently available to the Company. Since they relate to the Company's current views with respect to future events, they are subject to certain risks, uncertainties and assumptions. Many factors could cause the Company's actual results, performance or achievements to be materially different from any future results, performance or achievements that may be expressed or implied by such forward-looking statements. Given these risks and uncertainties, readers are cautioned not to place undue reliance on such forward-looking statements. The Company does not intend, and does not assume any obligation, to update any such factors or to publicly announce the result of any revisions to any of the forward-looking statements contained herein to reflect future results, events or developments except as required by applicable securities legislation, regulations or policies.

FOR MORE INFORMATION CONTACT:

Mr. Hubert Lau
President and CEO
Telephone: (780) 456-2207
Email: info@trustbix.com

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

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/248820

FAQ

What is the exercise price for TrustBIX (TBIXF) stock options granted in April 2025?

The stock options were granted at an exercise price of $0.05 per common share.

How many stock options did TrustBIX (TBIXF) grant in their April 2025 announcement?

TrustBIX granted options to purchase up to 4,120,000 common shares.

What is the vesting schedule for TrustBIX (TBIXF) April 2025 stock options?

The options vest in three equal portions: one-third upon grant, one-third on first anniversary, and one-third on second anniversary.

When do the TrustBIX (TBIXF) April 2025 stock options expire?

The stock options will expire in three years if not exercised.
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