TORONTO, Aug. 31 /CNW/ - Unique Broadband Systems, Inc. (TSX Venture:
UBS) today announced that options to purchase 3,250,000 common shares of the
Company at an exercise price of $0.15 were granted to a director and senior
managers on August 31, 2009, in accordance with the Company's Stock Option
The options vest in respect of one third of the options on the date of
grant, one third on the first anniversary of the grant date and the remainder
on the second anniversary of the grant date. The options expire on August 31,
About Unique Broadband Systems, Inc.
UBS is a publicly listed Canadian company that has a 51.8% fully diluted
economic interest in Look Communications Inc. and other assets. With its
licensed spectrum through its subsidiary, Look, UBS is a Canadian digital
television broadcaster and broadband wireless service provider. The Company's
website may be found at www.uniquebroadband.com.
Forward looking statements
The corporate information contained in this release includes
forward-looking statements regarding future events and the future performance
of the Company that involve risks and uncertainties that could cause actual
results to differ materially. Assumptions used in the preparation of such
information, although considered reasonable by the Company at the time of
preparation, may prove to be incorrect. The actual results achieved may vary
from the information provided herein and the variations may be material.
Consequently, there is no representation by the Company that actual results
achieved will be the same in whole or in part as those forecasts.
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.
For further information:
For further information: Peter Block, E-mail:
email@example.com, (647) 259-3284