|Page (1) of 1 - 11/02/10||email article||print page|
TransGaming Inc. (TSX VENTURE: TNG) Stock Option Grants(November 02, 2010)
TORONTO, ONTARIO -- (Marketwire) -- 11/02/10 -- TransGaming Inc. (TSX VENTURE: TNG) ("TransGaming" or the "Company") announced today that it granted options to purchase 259,500 common shares under the Company's stock option plan, of which 80,000 were granted to directors and officers. The granted options have an exercise price of $0.81 (being the November 1, 2010 closing price of the shares on the TSX Venture Exchange), vest 1/4 on the grant date and 1/4 on each of June 1, 2011, 2012 & 2013, and expire on November 2, 2015. The stock option grants remain subject to acceptance for filing by the TSX Venture Exchange under Policy 4.4 ("Incentive Stock Options") of the TSX Venture Exchange Corporate Finance Manual.
About TransGaming Inc.
TransGaming Inc. (TSX VENTURE: TNG), is a leader in the development of unique software products that facilitate the deployment and distribution of games across multiple platforms. TransGaming's portability technologies significantly reduce the time-to-market for and costs associated with multi-platform releases of games. TransGaming works with many of the industry's leading developers and publishers to enable and distribute their games for the Mac and Linux/CE platforms, and currently markets products under: Cider (Mac Gaming), GameTree (Game Publishing & Distribution Platforms), Cedega (Linux Gaming), and SwiftShader (Graphics Rendering). TransGaming is headquartered in Toronto, Canada, maintains an R&D center in Ottawa, Canada, and has a subsidiary - TransGaming Digital Home Inc. based in Atlanta, GA. To learn more about TransGaming visit www.transgaming.com.
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.
Copyright @ Marketwire
Related Keywords: TransGaming Inc., Mac, OS9, OSX, Canada, Toronto, Marketwire, Inc., Financial,