Titan Logix Corp. Announces Granting of Stock Options
Titan Logix Corp. (TSXV: TLA) has announced the approval of incentive stock options by its Board of Directors. The company has granted a total of 250,000 stock options to three directors and an officer. These options can be exercised at $0.65 per share and will remain valid for five years, expiring on February 6, 2030. The grant was made under the company's stock option plan, which received approval at the Annual Meeting on January 23, 2025.
Titan Logix Corp. (TSXV: TLA) ha annunciato l'approvazione di opzioni azionarie incentivanti da parte del suo Consiglio di Amministrazione. L'azienda ha concesso un totale di 250.000 opzioni azionarie a tre direttori e un funzionario. Queste opzioni possono essere esercitate a $0,65 per azione e rimarranno valide per cinque anni, scadendo il 6 febbraio 2030. La concessione è stata effettuata nell'ambito del piano di opzioni azionarie dell'azienda, che ha ricevuto approvazione durante l'Assemblea Annuale del 23 gennaio 2025.
Titan Logix Corp. (TSXV: TLA) ha anunciado la aprobación de opciones sobre acciones de incentivo por parte de su Junta Directiva. La empresa ha otorgado un total de 250,000 opciones sobre acciones a tres directores y un funcionario. Estas opciones se pueden ejercer a $0.65 por acción y permanecerán vigentes durante cinco años, expirando el 6 de febrero de 2030. La concesión se realizó bajo el plan de opciones sobre acciones de la empresa, que recibió aprobación en la Junta Anual el 23 de enero de 2025.
타이탄 로직스 주식회사 (TSXV: TLA)는 이사회의 인센티브 주식 옵션 승인 소식을 발표했습니다. 이 회사는 세 명의 이사와 한 명의 임원에게 총 250,000개의 주식 옵션을 부여했습니다. 이 옵션은 주당 $0.65에 행사할 수 있으며, 5년 동안 유효하며 2030년 2월 6일에 만료됩니다. 이 부여는 회사의 주식 옵션 계획에 따라 이루어졌으며, 2025년 1월 23일 연례 회의에서 승인을 받았습니다.
Titan Logix Corp. (TSXV: TLA) a annoncé l'approbation d'options d'achat d'actions incitatives par son Conseil d'Administration. L'entreprise a accordé un total de 250 000 options d'achat d'actions à trois administrateurs et un dirigeant. Ces options peuvent être exercées au prix de 0,65 $ par action et resteront valables pendant cinq ans, expirant le 6 février 2030. La concession a été réalisée dans le cadre du plan d'options d'achat d'actions de l'entreprise, qui a été approuvé lors de l'Assemblée Générale Annuelle du 23 janvier 2025.
Titan Logix Corp. (TSXV: TLA) hat die Genehmigung von Anreiz-Aktienoptionen durch seinen Vorstand bekannt gegeben. Das Unternehmen hat insgesamt 250.000 Aktienoptionen an drei Direktoren und einen Offizier vergeben. Diese Optionen können zu 0,65 $ pro Aktie ausgeübt werden und bleiben fünf Jahre lang gültig, bis sie am 6. Februar 2030 ablaufen. Die Gewährung erfolgte im Rahmen des Aktienoptionsplans des Unternehmens, der auf der Jahreshauptversammlung am 23. Januar 2025 genehmigt wurde.
- None.
- Potential dilution of 250,000 shares if all options are exercised
Edmonton, Alberta--(Newsfile Corp. - February 7, 2025) - Titan Logix Corp., (TSXV: TLA) ("Titan" or the "Company"), a technology company specializing in advanced measurement solutions, announces the approval of incentive stock options.
The Company's Board of Directors approved the grant of a total of 250,000 incentive stock options to 3 directors and an officer of the Company, pursuant to the Company's stock option plan. The stock options are exercisable for a period of five (5) years ending February 6, 2030, at a price of
About Titan Logix Corp.:
For over 25 years, Titan Logix Corp. has designed and manufactured advanced measurement solutions to help businesses reduce risk and maximize efficiencies in bulk liquids transportation. Titan's TD Series of tank level monitors are a market leader in mobile fluid measurement, and are known for their high level of accuracy, rugged design, and solid-state reliability. Our solutions are designed for hazardous and non-hazardous applications, and we serve customers in a wide range of applications including petroleum, environmental solutions, chemical, and agriculture.
Founded in 1979, Titan Logix Corp. is a public company listed on the TSX Venture Exchange and its shares trade under the symbol TLA.
Neither 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 or accuracy of this release.
Information in this press release that is not current or historical factual information may constitute forward looking information within the meaning of securities laws. Implicit in this information are assumptions regarding our future operational results. These assumptions, although considered reasonable by the company at the time of preparation, may prove to be incorrect. Readers are cautioned that actual performance of the company is subject to a number of risks and uncertainties and could differ materially from what is currently expected as set out above. For more exhaustive information on these risks and uncertainties you should refer to our Management Discussion and Analysis in respect of the year ended August 31, 2021 which is available at www.sedarplus.ca. In addition, the occurrence of pandemics, such as the recent outbreak of the novel coronavirus COVID-19 in any of the areas in which the Company, its customers or its suppliers operate could cause interruptions in the Company's operations. In addition, pandemics, natural disasters or other unanticipated events could negatively impact the demand for, and price of, oil and natural gas which in turn could have a material adverse effect on the Company's business, financial condition, results of operations and cash flows. Forward-looking information contained in this press release is based on our current estimates, expectations and projections, which we believe are reasonable as of the current date. You should not place undue importance on forward-looking information and should not rely upon this information as of any other date. While we may elect to, we are under no obligation and do not undertake to update this information at any particular time, whether as a result of new information, future events or otherwise, except as required by applicable securities law.
Contact Information:
Nick Forbes
Chief Executive Officer
Ph: (403) 561-8095
Email: invest@titanlogix.com
www.titanlogix.com
TSX Venture, TLA
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/240081
FAQ
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