Green Rise Capital Corp. (TSE:GRF) has released an update.
Green Rise Capital Corp. has announced the approval of a non-brokered share issue, offering 500,000 shares at $0.60 each to its CFO George Hatzoglou, alongside a grant of 900,000 stock options vesting in 2027. The transaction, which is considered a related party transaction, complies with Canadian securities laws and has received the necessary independent director approvals. The closing of the share issue is expected soon, adhering to TSX Venture Exchange regulations and a four-month holding period.
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