09:12:06 EDT Sat 04 May 2024
Enter Symbol
or Name
USA
CA



EnWave Corp
Symbol ENW
Shares Issued 110,695,055
Close 2023-09-11 C$ 0.29
Market Cap C$ 32,101,566
Recent Sedar Documents

EnWave grants option to buy 800,000 shares to CEO

2023-09-11 20:07 ET - News Release

Mr. Brent Charleton reports

ENWAVE ANNOUNCES REFRESHMENT OF EXECUTIVE STOCK OPTION POSITION

EnWave Corp. has granted Brent Charleton, chief executive officer and president, an aggregate of 800,000 incentive stock options to replace the 800,000 stock options that expired on Sept. 9, 2023. The grant of options is subject to the terms of the company's stock option plan, exercisable at a price of 36 cents. The options are exercisable for a term of five years and will vest in one-third increments over 18 months in accordance with the provisions set out in the plan or as otherwise required by the TSX Venture Index. The grant of the options is subject to approval by the TSX-V.

About EnWave Corp.

EnWave is a global leader in the innovation and application of vacuum microwave dehydration. From its headquarters in Delta, B.C., EnWave has developed a robust intellectual property portfolio, perfected its radiant energy vacuum technology, and transformed an innovative idea into a proven, consistent and scalable drying solution for the food, pharmaceutical and cannabis industries that vastly outperforms traditional drying methods in efficiency, capacity, product quality and cost.

With more than 50 royalty-generating partners spanning 26 countries and five continents, EnWave's licensed partners are creating profitable, never-before-seen snacks and ingredients, improving the quality and consistency of their existing offerings, running leaner, and getting to market faster with the company's patented technology, licensed machinery and expert guidance.

EnWave's strategy is to sign royalty-bearing commercial licences with food producers which want to dry better, faster and more economically than freeze drying, rack drying and air drying, and enjoy the benefits of producing exciting new products, reaching optimal moisture levels up to seven times faster, and improve product taste, texture, colour and nutritional value.

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