Not for distribution in the United States or through United States wire services
TORONTO, Feb. 27, 2018 (GLOBE NEWSWIRE) -- Gravitas Financial Inc. (“Gravitas” or the “Company”) (CSE:GFI) announced that it has granted an aggregate of 6,250,000 stock options pursuant to its Employee Stock Option Plan to its Chief Financial Officer, two non-management directors (Messrs. Eves and Goldberg), and certain key employees and consultants. With the exception of Mr. Eves stock options which have no vesting period, each option will expire 3 years from the date of issue and will vest as to one-third immediately and one-third on each of the first and second year anniversary of the date of grant. The options were issued at an exercise price of $0.10 per share.
About Gravitas Financial Inc.
Gravitas has significant ownership interests in a number of diverse financial services entities. The Gravitas platform provides capital markets, portfolio management, merchant banking, corporate services and investor exposure services to its clients. Gravitas has also made numerous equity, debt and convertible debt investments in early-stage and growth-stage public and private companies.
FORWARD-LOOKING STATEMENTS
Certain statements in this news release constitute "forward-looking" statements. These statements relate to future events or the Company's future performance. All such statements involve substantial known and unknown risks, uncertainties and other factors which may cause the actual results to vary from those expressed or implied by such forward-looking statements. Forward-looking statements involve significant risks and uncertainties, they should not be read as guarantees of future performance or results, and they will not necessarily be accurate indications of whether or not such results will be achieved. Actual results could differ materially from those anticipated due to a number of factors and risks. Although the forward-looking statements contained in this news release are based upon what management believes are reasonable assumptions on the date of this news release, the Company cannot assure investors that actual results will be consistent with these forward-looking statements. The forward looking statements contained in this press release are made as of the date hereof and the Company disclaims any intention or obligation to update or revise any forward-looking statements whether as a result of new information, future events or otherwise, except as required under applicable securities regulations.
For further information, please contact:
Vikas Ranjan, President
Email: vikas@gravitasfinancial.com
Tel: (647) 352-2666
The Canadian Securities Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of this release.