Unity Energy holders to vote on stock option repricing2016-10-14 19:10 ET - News Release
Ms. Anita Algie reports
UNITY ENERGY CORP. ANNOUNCES ANNUAL GENERAL AND SPECIAL MEETING
Unity Energy Corp. intends to hold its annual general and special meeting (AGSM) at 11 a.m. Pacific Standard Time on Dec. 15, 2016. The meeting will be held at Suite 313, 515 West Pender St., Vancouver, B.C., V6B 6H5, and the record date is set as Nov. 10, 2016.
The purpose of this meeting will be to re-elect the board of directors, ratify the company's 10-per-cent rolling stock option plan and vote on general matters. The company is seeking to approve, by a majority of disinterested shareholders, a special resolution to amend 392,500 options previously granted to insiders of the company. The options are currently exercisable at prices that range from 26 cents to 30 cents per share and are exercisable for a period of one and three years, respectively. The company would like to reprice all options to five cents per option, and all expiry dates will remain the same.
© 2016 Canjex Publishing Ltd. All rights reserved.