Freeport Capital Inc. (FAS: CNSX) Grant of Stock Options

MONTREAL, Sept. 2, 2012 /CNW Telbec/ - Freeport Capital Inc. (the "Company") a leader on Mobile Credit and PIN Debit payment solutions, announces that on August 23rd, 2012 it has granted 1,683,596 stock options to the following persons:

Optionee Position Options
Abby Castronovo Consultant 150,000
Kevin Conabree Consultant 100,000
Benoit Lamoureux Consultant 75,000
Guy Lafontaine Consultant 60,000
Massimo Barone Officer 474,298
Paul Continelli Officer 474,298
Bruce Baillio Director 200,000
Mike Tasillo Director 150,000

Each option granted shall entitle each optionee to purchase 1 common share of the Company at an exercise price of $0.65 expiring on August 23rd, 2014.

Correction

The Company also announces a correction in the CNSX Form 11 filed on August 23rd, 2012. The mention that Abby Castronovo, Kevin Conabree, Benoit Lamoureaux and Guy Lafontaine are employees is corrected to reflect that the aforementioned persons are consultants.

About Freeport Capital Inc.

Freeport Capital Inc. (CNSX: FAS) develops an Enterprise Ready Mobile Payment Platform for the leading OS's (IOS, Android, BB and Windows 7). The Corporation wholly owned subsidiary First Equity Strategy LLC markets itself with the DBA: HybridPay Tech. Visit www.hybridpaytech.com and click on our corporate video presentation http://www.youtube.com/watch?v=XvZHrck2eag&feature=youtu.be

The Canadian National Stock Exchange (CNSX) has not reviewed this news release and does not accept responsibility for its adequacy or accuracy. This news release does not constitute a solicitation to buy or sell any securities in the United States.

 

SOURCE: FREEPORT CAPITAL INC.

For further information:

Please visit www.freeportcapitalinc.com or contact Mr. Michele Tasillo 514-394-5200.

Profil de l'entreprise

FREEPORT CAPITAL INC.

Renseignements sur cet organisme


FORFAITS PERSONNALISÉS

Jetez un coup d’œil sur nos forfaits personnalisés ou créez le vôtre selon vos besoins de communication particuliers.

Commencez dès aujourd'hui .

ADHÉSION À CNW

Remplissez un formulaire d'adhésion à CNW ou communiquez avec nous au 1-877-269-7890.

RENSEIGNEZ-VOUS SUR LES SERVICES DE CNW

Demandez plus d'informations sur les produits et services de CNW ou communiquez avec nous au 1‑877-269-7890.