Viridis Energy Grants Stock Options

Viridis Energy Grants Stock Options

Posted: Updated:

Vancouver, BC / ACCESSWIRE / June 20, 2014 / Viridis Energy Inc. (“Viridis” or the “Company”) (TSXV: VRD) (OTC:VRDSD/VRDSF), announced the grant of Stock Options, effective June 19, 2014, based on its Amended and Restated Stock Option Plan (the “2014 Stock Option Plan” or the “Plan”). The Plan, approved on April 9, 2014 by the Board of directors, freezes the allowable options at approximately 600,000 shares (5,979,888 shared pre-reverse split). The Plan was accepted for filing by the TSX Venture Exchange, and will remain in place until a revised plan is presented for approval to the shareholders. The incentive stock options granted under the Plan to directors, officers, employees and consultants of the Company to purchase a total of 179,500 shares of the Company’s common stock at the price of $1.80 per share exercisable for five years.

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.

Viridis Investor Contact:

Yvonne L. Zappulla

Managing Director

Grannus Financial Advisors, Inc.

212-681-4108

Company Contact:

Michele Rebiere

Chief Financial Officer

Viridis Energy Inc

905-847-5226

investorinfo@viridisenergy.ca

About Viridis Energy Inc.

Viridis Energy Inc. (TSXV:VRD) (OTC:VRDSF) is a publicly traded, “Cleantech” manufacturer and distributor of renewable energy providing wood waste biomass fuel to global residential and industrial markets. Located in Vancouver, B.C., Viridis Energy operates Viridis Merchants (Canada) Ltd., Okanagan Pellet Company, Scotia Atlantic Biomass Company and Viridis Merchants Inc., thus providing the company with vertical integration for distribution and manufacturing as well as coast to coast national presence. For more information on Viridis Energy Inc. please refer to the company website at www.viridisenergy.ca.

 

SOURCE: Viridis Energy Inc. 

ReleaseID: 417073

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