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Posted by
Two Blokes Apr 30 -
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Montreal, QC - TheNewswire - April 30, 2025 -- Ecolomondo Corporation (TSXV: ECM) (OTCQB: ECLMF) (the “ Company ” or “ Ecolomondo ”), a leading Canadian innovator in sustainable scrap tire recycling technology, announces that it issued stock options (the “ Options ”) to several groups consisting of employees, Board members and consultants, to purchase 3,950,000 common shares of the Company at an exercise price of $0.17 per share for a period of ten (10) years from the date of the grant. The Options issued to directors and officers will vest over a period of one (1) year (1/2 on the date that is six months from the date of grant, and 1/2 based on performance, attendance and participation on the date that is 12 months from the date of grant) and the Options issued to employees and consultants will vest over a period of three (3) years (1/3 on each anniversary of the date of grant), subject to earlier vesting or termination in accordance with the stock option plan of the Company. The Options are subject to the approval of the TSX Venture Exchange.
