FTI Fails to Close October 2020 Private Placement and Issues Incentive Stock Options
February 17 2021 - 6:35PM
FTI Foodtech International Inc. (TSXV: FTI) ("FTI" or “the
Company”) announces that the proposed private placement announced
October 15, 2020 was not closed due to market conditions and
current stock price.
Additionally, in an effort to attract and retain quality board
members, on February 17, 2021, the Company issued a total of
700,000 director stock options, each at $0.15 with a three-year
expiry of February 17, 2024.
The TSX Venture Exchange Inc. has not approved the
contents of this press release. Neither TSX Venture Exchange nor
its Regulation Services Provider (as that term is defined in
policies of the TSX Venture Exchange) accepts responsibility for
the adequacy or accuracy of this release.
ON BEHALF OF THE BOARD OF DIRECTORS
William Hullah, President
T : (416) 444-1058
E : info@fti-foodtech.com
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