Tinley's Announces Grant of Stock Options

Rhea-AI Summary

Tinley Beverage Company Inc. grants stock options to directors, officers, employees, and consultants to purchase up to 10,150,000 common shares at $0.06 per share until February 9, 2029.

Toronto, Ontario and Los Angeles, California--(Newsfile Corp. - February 12, 2024) - The Tinley Beverage Company Inc. (CSE: TNY) (OTCQB: TNYBF) ("Tinley's" or the "Company") announces the grant of stock options ("Options") to certain directors, officers, employees and consultants of the Company to purchase up to an aggregate of 10,150,000 common shares in the capital of the Company, with each option entitling the holder thereof to purchase one common share at an exercise price of $0.06 per common share up until February 9, 2029.

For further information, please contact:
The Tinley Beverage Company Inc.
Teddy Zittell
(310) 507-9146
relations@drinktinley.com (CSE: TNY) (OTCQB: TNYBF)
Twitter: @drinktinleys and @drinkbecketts
Instagram: @drinktinleys and @drinkbecketts
www.drinktinley.com

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/197574

FAQ

What is the purpose of Tinley Beverage Company Inc. granting stock options to certain individuals?

Tinley Beverage Company Inc. granted stock options to directors, officers, employees, and consultants to purchase up to 10,150,000 common shares at $0.06 per share until February 9, 2029.

How many common shares can be purchased through the stock options granted by Tinley Beverage Company Inc.?

Up to 10,150,000 common shares can be purchased through the stock options granted by Tinley Beverage Company Inc.

What is the exercise price per common share for the stock options granted by Tinley Beverage Company Inc.?

The exercise price per common share for the stock options granted by Tinley Beverage Company Inc. is $0.06.

Until when can the holders of the stock options purchase the common shares?

The holders of the stock options can purchase the common shares until February 9, 2029.