LGC Capital Grants Stock Options
05 Abril 2019 - 6:00PM
LGC Capital Ltd. (the “
Corporation” or
“
LGC”) (TSXV:LG) (OTCQB:LGGCF) announces that
it has granted stock options to purchase a total of 6,100,000
common shares of the Corporation to certain new executive
officers. All of these options are exercisable at a price of
$0.13 per share and have a term of five years. The options are
subject in all respects to the terms of LGC’s stock option plan,
the requirements of the TSX Venture Exchange and shareholder
approval.
About LGC Capital
LGC is a leading cannabis investment firm with a
focus on the Legal Global Cannabis market. Through its
growing portfolio investment companies, LGC is building a
vertically integrated system of interconnected legal cannabis
companies with cultivation, processing and distribution in
Australia, Jamaica, Switzerland, Italy, and Canada serving domestic
and export markets. LGC is a Canadian incorporated public company
listed on the TSX Venture Exchange.
Through its partners and assuming pending
transactions under review by the TSXV are approved, LGC presently
will have interests in over 450,000 square feet of planted cannabis
in Jamaica, Switzerland, Italy, and Australia. That is expected to
increase to over 2,100,000 square feet by 2021, as its portfolio
companies execute their expansion plans, in addition to the
anticipated licensing of Tricho-Med’s operations in Quebec,
Canada.
LGC partners currently sell cannabis products in
over 1,000 points of sale across Switzerland and Italy under the
ONE Premium Cannabis and EasyJoint brands as well as medical
cannabis oils in Australia under the Little Green Pharma brand.
LGC’s partners’ branded products are available in a variety of
formats including dry cannabis flower, tinctures, oils, seeds, and
beverages.
For further information please
contact:
CEO, Mazen Haddad, +33-687-059-870,
mazen@lgc-capital.comPresident, John McMullen, +1-416-803-0698,
john@lgc-capital.com Investor Relations, Dave Burwell,
+1-403-221-0915, dave@howardgroupinc.com
Neither the TSX Venture Exchange nor its
Regulation Services Provider (as that term is defined in the
policies of the TSX Venture Exchange) accepts responsibility for
the adequacy or accuracy of this release.
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