Alliance Growers grants options to buy 650,000 shares
2017-12-01 06:25 ET - News Release
Mr. Dennis Petke reports
ALLIANCE GROWERS GRANTS STOCK OPTIONS
Alliance Growers Corp.'s board of directors has approved the grant of 650,000 options to directors, officers and consultants of the company, which options are exercisable into common shares of the company at a price of 20 cents per share. Subject to the rules of the Canadian Securities Exchange and the company's stock option plan, the options have a term of five years and will expire on Nov. 30, 2022. At the time of the grant the prior day's closing price of Alliance common shares was 20 cents.
About Alliance Growers Corp.
Alliance Growers is a diversified cannabis company driven by the company's four pillars organization plan -- cannabis botany centre, strategic ACMPR (Access to Cannabis for Medical Purposes Regulations) investments, CBD (cannabidiol) oil supply and distribution, and research and development.
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