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Alset Grants Options to Buy 2.04 Million Shares

Written by Haley Stavert
|
Dec. 13, 2016 11:00AM PST

Alset Energy Corp. (TSXV:ION) has set 2,043,000 options for new members, who have recently been added to the board of directors and management team, as well as pre-existing members of the team. The options carry an exercise price of 13 cents and expire five years from the date of grant (Dec. 12, 2021) and vest in accordance with the company’s stock option plan.

Alset Energy Corp. (TSXV:ION) has set 2,043,000 options for new members, who have recently been added to the board of directors and management team, as well as pre-existing members of the team. The options carry an exercise price of 13 cents and expire five years from the date of grant (Dec. 12, 2021) and vest in accordance with the company’s stock option plan.
Allan Barry Laboucan, president and chief executive officer of Alset Energy, said:
“Since I took over as the president and CEO, I’ve been able to add a few new members to our team and had outstanding support from the team that was in place before I arrived. We are spreading the options around to new members of our team and all those that have been instrumental in helping me transition into my position. It is important to me that our team and shareholders’ goals are aligned, and we have these options to put out to our team that are working hard for all Alset shareholders.”
Click here to connect with Alset Energy Corp. (TSXV:ION) to receive an Investor Presentation.

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