13:21:24 EDT Thu 02 May 2024
Enter Symbol
or Name
USA
CA



Revolugroup Canada Inc
Symbol REVO
Shares Issued 224,212,906
Close 2024-02-21 C$ 0.055
Market Cap C$ 12,331,710
Recent Sedar Documents

Revolugroup grants options to acquire 5.2M shares

2024-02-22 14:19 ET - News Release

Mr. Gavin McMillan reports

REVOLUGROUP CANADA INC. ISSUES INCENTIVE SHARE OPTIONS

Revolugroup Canada Inc. has granted incentive share options to purchase up to 5.2 million common shares of the company were granted to consultants and directors of the company, with an exercise price of five cents per share. The incentive share options have been granted pursuant to the company's 10-per-cent rolling stock option plan and will expire 24 months from the grant date. Should all announced options be exercised in the term, the aggregate amount payable to the treasury would be $260,000. The options are to be granted as shown in the attached table.

An additional 1.7 million options were also granted to consultants in the company who have provided valuable assistance in the development of products, business development, solution integration and technical assistance.

Gavin McMillan, chief executive officer of Revolugroup, expressed warmly: "The dedication and expertise of our consultants cannot be appreciated enough. Their commitment to adapt to different time zones, working late hours to cater to Europe and North American schedules, is amazing. It gives us immense pleasure to acknowledge and reward their support, expertise and valuable assistance."

About Revolugroup Canada Inc.

Revolugroup Canada is a multiasset, multidivisional, publicly traded Canadian company deploying advanced technologies in banking, mobile apps, money remittance, cross-border foreign exchange payments, mobile phone top-ups, e-gaming, health care payments, e-sports, invoice factoring, on-line travel, vacation resort, blockchain systems and financial technnology app sectors.

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