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BZAM announces stock option grants

(CNW) Vancouver and Toronto – BZAM Ltd., a leading Canadian cannabis producer, announces that the Company has granted options to purchase an aggregate of up to 105,000 common shares to certain employees of the company.

Each Option is exercisable into one common share at an exercise price per common share equal to $0.14. The options vest as to 1/3 of the total number of options granted on each of the first, second and third anniversaries of the grant date, and expire five years from the grant date.

The options are granted in accordance with the company’s share option plan adopted by the board of directors of the company on May 12, 2021.