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ARHT Media (TSXV:ART) grants options and changes board

Technology
TSXV:ART
24 February 2022 13:15 (EDT)
ARHT Media Inc. - CEO, CEO Larry O'Reilly appearing as a hologram

Source: ARHT Media

ARHT Media Inc. (ART) has granted an aggregate of 600,000 options for $147,000 to two directors.

One-third of the options are to be issued immediately. The remaining two-thirds will be issued on the first and second anniversaries of the grant.

Each option may be exercised at a price of $0.245 for a period of five years from the date of grant.

ARHT Media also announces the resignation of Kwok Hei Yam from the board of directors.

Larry O’Reilly, CEO of ARHT Media, commented,

“We would like to thank Ben for his service to the Company as a director and look forward to continuing to work with Ben through the ARHT Asia joint venture.”

ARHT Media’s patented HoloPresence technology is a complete end-to-end solution that creates a sense of presence for audiences. With no noticeable invisibility, ARHT Media makes two-way live communication with a 3D holographic presenter possible anywhere in the world.

ARHT Media Inc. (ART) is up 9.09 per cent and is trading at $0.24 per share as of 1:13 p.m. EST.

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