THC Biomed Intl Ltd. (THCBF)

[cuckoo 4 cocoa puffs]

THC Announces Option Grant

THC BioMed Intl Ltd. ("THC" or the "Company") (CSE:THC) announces that it has granted a n a g g r e g a t e o f 350,000 stock options to certain employees of the Company. The options will vest 25% on issuance, 25% 4 months from date of issuance and 25% at 8 and 12 months from the date of issuance and may be exercised at an exercise price of CAD$0.15 per common share, for a period of 2 years from the date of issuance or earlier in accordance with the Company’s incentive stock option plan.

Following the grant of stock options, the Company now has a total of 11,900,000 stock options
representing approximately 7.52% of the outstanding common shares of the Company.



https://backend.otcmarkets.com/otcapi/company/dns/news/document/41861/content