Mr. Logan Anderson reports
INSURAGUEST ANNOUNCES CANCELLATION AND GRANTING OF OPTIONS
Insuraguest Technologies Inc. has cancelled and granted incentive stock options under its stock
option plan.
The company has cancelled an aggregate of two million stock options previously granted to certain officers and consultants of the company. The cancelled options
had an exercise price of 35 cents per share and were set to expire on Feb. 26, 2031. These
options were voluntarily surrendered by the holders for no consideration.
The company also announces that it has granted 5.1 million incentive stock options to an officer and director of the company, exercisable at two cents per share and expiring
three years from the date of grant. The options will vest immediately. The officer and director
receiving the new grant was not among those whose options were cancelled.
The granting of the options is subject to TSX Venture Exchange approval.
About Insuraguest Technologies Inc.
Insuraguest Technologies is an innovative insurtech (insurance technology) company
delivering insurance and warranty coverages to vacation rentals, hotels, resorts and ticketed
events. The company offers tech-driven risk management solutions in the hospitality sector and
continues to expand its offerings to meet market demands.
We seek Safe Harbor.
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