Decisive Dividend Corporation Announces Issuance Of Stock Optionsadmin
Kelowna, British Columbia – September 30, 2013. Decisive Dividend Corporation ("DE" or the "Company") (TSX Venture: DE.P) announces that it has granted options ("Options") to certain of its current directors to purchase an aggregate of 130,000 common shares ("Shares").
The Options are being granted pursuant to the Company’s 10% rolling stock option plan, a copy of which is available for review on SEDAR at www.sedar.com and will be exercisable until September 24, 2018 at an exercise price of $1.00 per Share.
Should any Option be exercised prior to the completion by the Company of a Qualifying Transaction, the Shares issued in respect thereof will be subject to the provisions of an escrow agreement dated April 5, 2013 between the Company, Olympia Trust Company and the escrow holders.
For further information regarding the Corporation and the Corporation’s management team, see the Prospectus filed with the Corporation’s disclosure documents, including the escrow agreement noted above, on SEDAR at www.sedar.com.
This news release shall not constitute an offer to sell or the solicitation of an offer to buy any securities, nor shall there be any sale of securities in any state in the United States in which such offer, solicitation or sale would be unlawful. The securities referred to herein have not been and will not be registered under the United States Securities Act of 1933, as amended, and may not be offered or sold in the United States absent registration or an applicable exemption from registration requirements.
ABOUT DECISIVE DIVIDEND CORPORATION
The Corporation is a capital pool company ("CPC") that has not commenced commercial operations and has no assets other than cash. Except as specifically contemplated in the CPC policy, until the completion of the qualifying transaction, the Corporation will not carry on business, other than the identification and evaluation of companies, business or assets with a view to completing a proposed qualifying transaction.
For further information, please contact:
Mr. David Redekop, Director & Chief Financial Officer
301 – 1665 Ellis Street
Kelowna, BC V1Y 2B3
Telephone: (250) 863-8914
Neither 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 news release.
NOT FOR DISSEMINATION TO UNITED STATES NEWSWIRE SERVICES OR FOR
DISSEMINATION IN THE UNITED STATES
Posted: September 30th, 2013 under ACCESSWIRE.