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Grande West Announces Stock Option and Restricted Share Unit Grants

ACCESSWIRE

By Grande West Transportation Group

VANCOUVER, BC / ACCESSWIRE / January 17, 2019 / Grande West Transportation Group Inc. (TSXV: BUS)(OTC PINK: GWTNF) – January 17, 2019: (“Grande West” or the “Company”), a Canadian manufacturer of mid-sized multi-purpose transit vehicles for sale in Canada and the United States, announces the issuance of stock options and Restricted Share Units (“RSU”).

The Company has granted board members Mr. William Trainer and Mr. Joseph Miller 250,000 stock options each with a strike price of $ .80 that will vest over a three year period. The options are exercisable until January 18, 2024, subject to exchange approval.

As part of Grande West’s employee incentive plans for 2019, 290,000 RSUs have been granted to officers, directors and employees. The RSUs will vest based on achieving certain performance criteria in accordance with the Company’s existing RSU incentive plan.

Neither the TSX-V nor its Regulation Service Provider (as that term is defined in the policies of the TSX-V) accepts responsibility for the adequacy or accuracy of this release.

SOURCE: Grande West Transportation Group Inc.

ReleaseID: 532962