Circa Announces Grant of Stock Options
CALGARY, Dec. 19, 2013 /CNW/ - Circa Enterprises Inc. (CTO: TSXV) (the "Company" or "Circa"), a manufacturer of equipment for the telecommunication, electrical utility, and construction industries, has granted a total of 275,000 stock options to directors, officers and employees of the Company pursuant to the Company's stock option plan. Of these stock options, 235,000 were granted to directors and officers of Circa. The stock options are exercisable for a period of five years at a price of $0.57 per share. One third of these options will vest on each anniversary from the date of the grant over the next three years.
Circa Enterprises Inc. is a public company with operations in Alberta, Ontario and Florida. The outstanding common shares of Circa Enterprises Inc. are listed and trade on the TSX Venture Exchange under the trading symbol CTO. Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
SOURCE Circa Enterprises Inc.