Imaflex Announces the Grant of Share Options

MONTREAL, June 16, 2015 /CNW Telbec/ - Imaflex Inc. (TSXV: IFX) announces that it has granted an aggregate 650,000 stock options to 7 employees and a consultant of the Company.  Each option entitles the holder to purchase one common share of the Company at an exercise price of $0.52 after vesting and before expiration on June 15, 2020, subject to the terms of the Company's Stock Option Plan and a stock option agreement on its standard form.  The options will vest over a two year period in equal semi-annual instalments.

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.

 

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

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