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Saturday, April 05, 2014 5:44:09 PM
The company issued stock options at .89 cents per share according to the press release which is what the company is currently valued at.
Tweed Marijuana Inc. announces grant of stock options
Canada NewsWire
OTTAWA, April 4, 2014
OTTAWA, April 4, 2014 /CNW/ - Tweed Marijuana Inc. (TSXV: TWD) today announced, pursuant to the requirements of the TSX Venture Exchange, that it has granted options to purchase 251,210 common shares to directors and an officer of the company. The stock options were granted pursuant to the terms of Tweed Marijuana Inc.'s stock option plan and are exercisable at $0.89 per share, being the value at which common shares of the company were issued in connection with the recently closed qualifying transaction with Tweed Inc. These grants are remuneration for such directors and officer for their services to the company. Stock option grants are subject to necessary regulatory approvals.
Read more: http://www.digitaljournal.com/pr/1832711#ixzz2y3CA5rvV
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