12th January 2012

TransGaming Inc Stock Option Grants

transgamingTransGaming Inc. has announced that it granted options to purchase 1,388,000 common shares under the Company’s stock option plan, of which 389,000 were granted to directors and officers. The granted options have an exercise price of $0.475 (being the January 10, 2012 closing price of the shares on the TSX Venture Exchange), vest 1/4 each year on June 1 from 2012-2015, and expire on January 11, 2017.The stock option grants remain subject to acceptance for filing by the TSX Venture Exchange under Policy 4.4 (“Incentive Stock Options”) of the TSX Venture Exchange Corporate Finance Manual.

This entry was posted on Thursday, January 12th, 2012 at 6:28 am and is filed under Business News, National News. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.

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