Mr. David Robbins reports
OMNI-LITE INDUSTRIES ANNOUNCES THE GRANT OF STOCK OPTIONS AND RSUs
Omni-Lite Industries Canada Inc. has granted a total of 290,000 stock options and 60,000 restricted share units of the company to certain directors and officers of the company pursuant to its long-term performance incentive plan.
Each option is exercisable for one common share of the company at an exercise price of $2.83 per share, which equates to the volume-weighted average closing price for the five-day period ended on Sept. 9, 2026. The options will vest, in equal annual instalments, over a period of three years, expire on the five-year anniversary of the date of the grant and are subject to the policies of the TSX Venture Exchange.
Each RSU shall, subject to the following vesting provision, represent one common share of the company, will vest, in equal annual instalments, over a period of three years from the grant date and are subject to the policies of the TSX Venture Exchange.
We seek Safe Harbor.
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