Eguana Grants Key Employees Stock Options for 2021

About this update from Eguana Technologies Inc

[{"type":"text","content":"\n \n \n \n Eguana Grants Key Employees Stock Options for 2021\n \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 Canada NewsWire\n \n \n \n \n \n CALGARY, AB\n \n ,\n \n Oct. 8, 2021\n \n /CNW/ - Eguana Technologies Inc. (\"Eguana\" or the \"Company\") (TSXV: EGT) (OTCQB: EGTYF), announced today that the board of directors has granted incentive stock options to acquire up to an aggregate of 4,560,000 common shares. Of the options granted, 3,425,000 have been granted to directors and executives of the Company at a strike price of\n \n $0.40\n \n per share, with the remainder to employees at a strike price of\n \n $0.275\n \n per share.\n \n \n \n \n \n \n \n \n \n \"We are happy to grant these options to the team as they continue to execute under difficult global circumstances while aligning senior management with shareholders that participated in our March Special Warrant financing\" commented Eguana CEO\n \n Justin Holland\n \n . \"The momentum from June has carried through September and all aspects of the business are ramping up.\"\n \n \n The incentive stock options represent the 2021 annual grant. The options vest in three equal tranches with the first tranche to vest\n \n September 17, 2022\n \n and the remainder over two years with an expiry of\n \n September 17, 2031\n \n . The grant of the options is subject to the terms of the Stock Option Plan and the approval of the TSX Venture Exchange.\n \n \n \n About Eguana Technologies Inc.\n \n \n Based in\n \n Calgary, Alberta Canada\n \n , Eguana Technologies (EGT: TSX.V) (OTCQB: EGTYF) designs and manufactures high performance residential and commercial energy storage systems. Eguana has two decades of experience delivering grid edge power electronics for fuel cell, photovoltaic and battery applications, and delivers proven, durable, high quality solutions from its high capacity manufacturing facilities in\n \n Europe\n \n and\n \n North America\n \n and\n \n Australia\n \n .\n \n \n With thousands of its proprietary energy storage inverters deployed in the European and North American markets, Eguana is one ...

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