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Firstfund Announces Exercise of Stock Options, Holds AGM, Changes Chairman of the Board and Grants Stock Options
Firstfund Announces Exercise of Stock Options, Holds AGM, Changes Chairman of the Board an...
About this update from Consolidated Firstfund Capital Corp.
[{"type":"text","content":"\n\n\n\nFirstfund Announces Exercise of Stock Options, Holds AGM, Changes Chairman of the Board and Grants Stock Options\n\n/* Style Definitions */\nspan.prnews_span\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\na.prnews_a\n{\ncolor:blue;\n}\nli.prnews_li\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\np.prnews_p\n{\nfont-size:0.62em;\nfont-family:\"Arial\";\ncolor:black;\nmargin:0in;\n}\n\n\n\n\n\n\n\nCanada NewsWire\nVANCOUVER, June 5, 2018\n\n\n\nTrading Symbol: FFP\n\n\n\nVANCOUVER, June 5, 2018 /CNW/ -\n\nFirstfund Announces Exercise of 165,000 Stock Options\n\nConsolidated Firstfund Capital Corp. (the \"Company\" or \"Firstfund\") is pleased to announce that directors, officers and employees of the Company have exercised their stock options to purchase a total of 165,000 common shares of the Company at an exercise price of $0.10 per share for proceeds totaling $16,500. The Company now has 6,171,703 common shares issued and outstanding in the capital stock of the Company.\n\nFirstfund Holds Annual General Meeting\n\nConsolidated Firstfund Capital Corp. is pleased to announce that shareholders re-elected Cheryl A. Grant, W. Douglas Grant, Bruce J. McDonald and Stuart E. Pennington as Directors of the Company for the ensuing year at the annual general meeting held earlier today.  \n\nFirstfund Appoints Stuart E. Pennington as Chairman of the Board\n\nAt the Company's Board of Directors' Meeting following the annual general meeting, the Board appointed Stuart E. Pennington as Chairman of the Board for the ensuing year, replacing Bruce J. McDonald.  Mr. McDonald will remain Chairman of the Audit Committee.\n\nFirstfund Grants 200,000 Incentive Stock Options\n\nConsolidated Firstfund Capital Corp. announces that, pursuant to its stock option plan, the Company has granted incentive stock options to directors, officers and employees which will entitle the option holders to purchase up to 200,000 common shares of the Company at a price of $0.30 per share for a period of five years. These options are not subject to any vesting schedule and may be exercised at any time up to the expiry date of June 5, 2023. These options are subject to a hold period of four months and a day from June 5, 2018.\n\nAbout Firstfund\n\nConsolidated Firstfund Capital Corp. (FFP – TSX-V) is a ventu...