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Norvista Capital Announces Grant of Stock Options
Norvista Capital Corporation (TSXV:NVV) announces that, effective January 26, 2017, the board of directors of Norvista granted a total 1,000,000 stock options to certain officers and directors pursuant to the Company’s incentive stock option plan. The options are exercisable at a price of $0.17 per common share and expire on January 26, 2022. As quoted …
Norvista Capital Corporation (TSXV:NVV) announces that, effective January 26, 2017, the board of directors of Norvista granted a total 1,000,000 stock options to certain officers and directors pursuant to the Company’s incentive stock option plan. The options are exercisable at a price of $0.17 per common share and expire on January 26, 2022.
As quoted in the press release:
About Norvista
Norvista is a resource based merchant bank which, along with Norvista Capital 1 Limited Partnership (the “LP”), have investments in a number of base and precious metal projects in Canada, the United States, and Mexico. The Company began operations and was listed for trading on the TSX Venture Exchange in June of 2014. The LP was formed and initially funded in early 2016. Norvista has capitalized on the significant asset value contraction that occurred over the last several years in the resource industry to acquire a balanced portfolio of actively managed investee companies with either highly prospective or advanced stage exploration projects, as well as pre-development projects. The Company takes a proactive role with its investee companies and, in the majority of cases, assumes management or advisory roles and/or seats on the boards of directors of these companies. Management is of the view that current market conditions allow the Company to significantly mitigate political and country risk by pursuing investments in some of the world’s top ranked mining jurisdictions. Norvista and the LP continue to review investment opportunities in order to add core positions to their portfolios while continuing to financially support existing investee companies.
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