Cannabix Technologies Inc. has granted 2,500,000 incentive stock options to certain directors and consultants, exercisable at $0.55. The Options have varying expiration dates, with 700,000 expiring in five years, 800,000 expiring in two years, and 1,000,000 expiring after one year from the date of grant. The Options are subject to the terms and conditions of the Company’s stock option plan and the policies of the CSE. Any underlying common shares issued on exercise will have a hold period of 4 months and one day.

For further information, contact the Company at [email protected]. The CSE has not reviewed and does not accept responsibility for the adequacy or accuracy of this release.

Read more at GlobeNewswire: Cannabix Technologies announces Stock Option Grant