Business News • MarketWire • Falco Pacific Announces Granting of Stock Options |
Falco Pacific Announces Granting of Stock Options |
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Falco Pacific Announces Granting of Stock Options
VANCOUVER, BRITISH COLUMBIA--(Marketwired - March 6, 2014) - Falco Pacific Resource Group Inc. ("Falco Pacific" or the "Company") (TSX VENTURE:FPC) announces the granting of incentive stock options to certain of its consultants to purchase up to 300,000 common shares in its capital stock at a price of $0.70 per share, exercisable for a period of three years. 100,000 of the stock options are being granted to Torrey Hills Capital, Inc. ("Torrey Hills"), in accordance with the terms of the investor relations services agreement entered into between the Company and Torrey Hills (the "Torrey Hills Agreement"). The options granted to Torrey Hills will vest quarterly over twelve months. Upon termination of the Torrey Hills Agreement, any vested options will be cancelled after 30 days in accordance with the provisions of the Company's stock option plan and the policies of the TSX Venture Exchange.
View More : http://www.marketwired.com/mw/release.do?id=1886467&sourceType=3
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