|Page (1) of 1 - 04/26/12||email article||print page|
VRX Worldwide Announces Grant of Options(April 26, 2012)
VANCOUVER, BRITISH COLUMBIA -- (Marketwire) -- 04/26/12 -- VRX Worldwide Inc. (TSX VENTURE:VRW) announced today that it has issued 740,000 stock options to certain directors and management of the Company. The options are being offered in conformance with TSX Venture Exchange regulations as incentive compensation, 300,000 of which are being issued as replacement for expiring options. The options have a term of five years and an exercise price of $0.10 per share.
Following the issuance, VRX has 3,800,000 incentive stock options outstanding. As approved at the Company's last Annual General Meeting held on June 14, 2012, the Company's Stock Option Plan allows the Board to issue up to 4,328,268 incentive stock options.
About VRX Worldwide Inc.
Through a decade of growth, innovation and an unwavering commitment to quality, consistency and customer service, VRX Worldwide is one of the world's leading providers of content production, distribution and licensing services, and is pioneering the global, Cloud-based, digital asset management industry.
To find out more about VRX Worldwide, visit www.vrxworldwide.com, www.vrxstudios.com and www.mediavalet.co. VRX Studios Inc. is a wholly owned subsidiary of VRX Worldwide Inc.
VRX Worldwide Inc.
David MacLaren, President and CEO
"Neither the 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."
VRX Worldwide Inc. - Investor & Public Relations
Copyright @ Marketwire
Related Keywords: VRX Worldwide Inc. , Marketwire, Inc., ,