iAnthus Issues Incentive Stock Options to Employees, Consultants and Board Members
02 Março 2018 - 7:47PM
iAnthus Capital Holdings, Inc. (“iAnthus” or “the Company”),
(CSE:IAN) (OTCQB:ITHUF), which owns, operates, and partners
with licensed cannabis operations throughout the United States,
announces that the Company has granted 1,886,000 incentive stock
options, exercisable at CAD$3.56 per stock option (the “Exercise
Price”), to advisory board members, consultants and employees of
the Company.
All stock options are exercisable for a period
of 10 years, subject to any earlier termination in accordance with
their terms. The 1,886,000 stock options have the following vesting
periods:
- 5,000 options vest at a rate of
100% on May 31, 2018 and;
- 522,500 options vest at a rate of
25% on March 31, 2018, and 25% quarterly thereafter and;
- 1,358,500 options vest at a rate of
12.5% on March 31, 2018, and 12.5% quarterly thereafter.
“Our most important differentiator is our people,” said Hadley
Ford, CEO of iAnthus. “Aligning our team with creating shareholder
value is a fundamental part of our culture.”
The 1,886,000 stock options were granted under
the Company's common share stock option plan and are each
exercisable to acquire one common share of the Company at the
Exercise Price.
Additional information about iAnthus may be
accessed on the Company’s website at www.iAnthusCapital.com and
under the Company’s SEDAR profile at www.sedar.com.
About iAnthus Capital Holdings,
Inc.iAnthus Capital Holdings, Inc. owns and operates
best-in-class licensed cannabis cultivation, processing and
dispensary facilities throughout the United States, providing
investors diversified exposure to the U.S. regulated cannabis
industry. Founded by entrepreneurs with decades of experience in
operations, investment banking, corporate finance, law and health
care services, iAnthus provides a unique combination of capital and
hands-on operating and management expertise. The Company uses these
skills to support operations across six states. For more
information, visit www.iAnthusCapital.com.
Forward Looking
StatementsStatements in this news release that are
forward-looking statements are subject to various risks and
uncertainties concerning the specific factors disclosed here and
elsewhere in iAnthus' periodic filings with Canadian securities
regulators. When used in this news release, words such as "will,
could, plan, estimate, expect, intend, may, potential, believe,
should," and similar expressions, are forward-looking
statements.
Forward-looking statements may include, without
limitation, statements including company stock options and other
statements of fact.
Although iAnthus has attempted to identify
important factors that could cause actual results, performance or
achievements to differ materially from those contained in the
forward-looking statements, there can be other factors that cause
results, performance or achievements not to be as anticipated,
estimated or intended, including, but not limited to: dependence on
obtaining regulatory approvals; investing in target companies or
projects which have limited or no operating history and are engaged
in activities currently considered illegal under US Federal laws;
change in laws; limited operating history; reliance on management;
requirements for additional financing; competition; hindering
market growth and state adoption due to inconsistent public opinion
and perception of the medical-use and adult-use marijuana industry
and; regulatory or political change.
There can be no assurance that such information
will prove to be accurate or that management's expectations or
estimates of future developments, circumstances or results will
materialize. As a result of these risks and uncertainties, the
results or events predicted in these forward-looking statements may
differ materially from actual results or events.
Accordingly, readers should not place undue
reliance on forward-looking statements. The forward-looking
statements in this news release are made as of the date of this
release. iAnthus disclaims any intention or obligation to update or
revise such information, except as required by applicable law, and
iAnthus does not assume any liability for disclosure relating to
any other company mentioned herein.
The Canadian Securities Exchange has not
reviewed, approved or disapproved the content of this news
release.
This news release does not constitute an offer
to sell or a solicitation of an offer to sell any of the securities
in the United States. The securities have not been and will not be
registered under the United States Securities Act of 1933, as
amended (the “U.S. Securities Act”) or any state securities laws
and may not be offered or sold within the United States or to U.S.
Persons unless registered under the U.S. Securities Act and
applicable state securities laws or an exemption from such
registration is available.
CONTACT INFORMATION
Corporate: Julius KalcevichChief Financial OfficeriAnthus
Capital Holdings, Inc. 646-518-9418 Investors@iAnthusCapital.com US
Investors: Phil Carlson / Elizabeth Barker KCSA Strategic
CommunicationsiAnthus@KCSA.com
Canadian Investors: Nicole Marchand Nicole Marchand Investor
RelationsNicole@nm-ir.com
Media: Robert Vanisko North 6th Agency 212-334-9753
ext.112iAnthus@n6a.com
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