Symbol: TSX-V: LG
MONTREAL, April 16, 2018 /CNW Telbec/ - LGC Capital Ltd. (TSXV: LG) ("LGC") announces that its Board of Directors today granted an aggregate of 18,550,000 stock options to LGC's six directors and officers. The stock options have an exercise price of $0.16, representing the closing price of LGC's shares on the TSX Venture Exchange on Friday, April 13, 2018, and a term of five years. The stock options were granted under LGC's 2016 Stock Option Plan.
About LGC (www.lgc-capital.com)
LGC Capital Ltd. is a Canadian incorporated public company listed on the TSX Venture Exchange (TSXV: LG). LGC's objective is to become a diversified business group with core business divisions that provide shareholders with exposure to a diverse range of businesses, products and services with an emphasis on significant investments in global medical cannabis sector.
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SOURCE LGC Capital Ltd
For further information: John McMullen, Chief Executive Officer, Tel.: (416) 803-0698, Email: [email protected]; London contact: Anthony Samaha, Chief Financial Officer, Tel.: +44 (0) 20 7440 0640; Investor Relations: Dave Burwell, The Howard Group Inc., Tel.: (403) 221-9015, Toll Free: 1-888-221-0915, Email: [email protected]