BUENOS AIRES, Argentina, April 13, 2018 (GLOBE NEWSWIRE) — Madalena Energy Inc. (“Madalena” or the “Company”) (TSXV:MVN) (OTCQX:MDLNF) announces the grant of 11,400,000 options (“Options”) including 8,000,000 Options to officers and directors of the Company. The Options have an exercise price of $0.22 per common share of the Company (“Common Share”) and are exercisable for a period of five years from the date of grant. The Options will vest as to one-third of the options to vest immediately, one-third to vest on the first anniversary date of the date of grant and the final third on the second anniversary date of the grant.
Madalena Announces Grant of Options
by GlobeNewsWire | Apr 13, 2018 | Blog