Imaflex grants stock options

MONTREAL, July 15, 2013 /CNW Telbec/ - Imaflex Inc. ("Imaflex" or the "Corporation") has granted incentive stock options (the "Options") entitling a consultant of the Corporation performing investor relations activities to acquire up to 100,000 common shares of the Corporation (the "Common Shares") for a period of two (2) years from the date of grant of the Options. Based on the terms and conditions of the Corporation's stock option plan, one quarter of the Options vest immediately upon grant with an additional quarter vesting every three month period thereafter. The Options are granted as of July 15, 2013 at an exercise price of $0.40 per Common Share until July 15, 2015 as a second tranche pursuant to a capital markets consulting agreement as previously disclose by the Corporation in a press release dated January 16, 2013

SOURCE: Imaflex Inc.

For further information:

Imaflex Inc.

Joseph Abbandonato, President and C.E.O

Giancarlo Santella, CPA, CA - Corporate Controller

Tel: (514) 935 - 5710

Fax: (514) 935 - 0264

e-mail: info@imaflex.com

Website: www.imaflex.com

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.


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.