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Xigem Technologies (CSE:XIGM) grants 1.8 million stock options

Market News, Technology
CSE:XIGM
05 January 2023 14:15 (EDT)

Source: Xigem Technologies

Xigem Technologies Corporation (XIGM) has granted 1,820,000 incentive stock options in line with its stock option plan.

Each option entitles the holder to purchase one common share of the company at an exercise price of $0.09 for a period of five years from the date of the grant and will vest immediately.

The options include 490,000 options for officers of the company, 750,000 options for directors of the company, 475,000 options for consultants to the company and 105,000 options for members of the company’s advisory board.

The Board of Directors of Xigem Technologies granted the options on January 5, 2023.

Xigem Technologies Corporation is a Toronto-based company positioned to become a leading technology provider for the emerging near trillion-dollar remote economy, with software capable of improving capacity, productivity, and overall remote operations for businesses, consumers, and other organizations.

iAgent, the company’s patented technology, and FOOi, its proprietary peer-to-peer mobile payments app, are intended to provide organizations, businesses, and consumers with the tools necessary to thrive in a vast array of remote working, learning and treatment environments.

Xigem Technologies Corporation was unchanged at $0.09 at 11:48 ET.


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