Exro Technologies Inc (EXROF)

[Scotttrader80]

CALGARY, AB (October 13, 2020) — Exro Technologies Inc. ( TSXV:EXRO; OTCQB: EXROF) (the “Company” or “Exro”) announces that it has granted incentive stock options to certain directors, officers, employees and consultants to purchase an aggregate of 2,618,000 shares in the capital of the Company at a price of $3.15 per share, expiring five years from the date of grant, pursuant to the terms of its stock option plan. All of the options are subject to vesting provisions, and any shares issued upon exercise of an option will be subject to a hold period of four months and one day from the date of grant.

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