VANCOUVER, BRITISH COLUMBIA--(Marketwired - Nov. 19, 2015) - Western Pacific Trust Company (TSX VENTURE:WP) (the "Company") announces that stock options were granted to directors and employees under the Company's Stock Option Plan for a total of 890,030 common shares on November 19, 2015.
The options were granted at an exercise price of 7 cents per share, for a 7 year term to expire November 18, 2022.
The options will vest as to one-third at December 31, 2015, one-third at December 31, 2016 and one-third at December 2017.
The above-noted option grants will leave a balance of 2,128,711 common shares reserved for issuance under the Company's Stock Option Plan.
About Western Pacific Trust Company
Western Pacific Trust Company is a non-deposit taking Trust Company. Western Pacific is licensed to do trust business under the Financial Institutions Act in British Columbia, and is also registered extra-provincially in Alberta, as a non-deposit taking Trust Company.
On Behalf of the Board,
WESTERN PACIFIC TRUST COMPANY
Alison Alfer, President and CEO
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 release.
Contact Information:
Alison Alfer
President and CEO
604-683-0455
604-669-6978 (FAX)