Grafta Nanotech Grants Stock Options to Key Personnel

GRAFTA Nanotech Corp., a Canadian clean technology company focused on advanced water treatment and environmental remediation, has granted stock options to certain of its directors, officers, employees, and consultants. The company issued 2,900,000 stock options, each exercisable into one common share, at an exercise price of $0.22 per share. The options are exercisable for five years and vest in three equal installments over a two-year period.

According to the press release, 2,250,000 of the options were granted to directors and officers of the company. The grant was made under the company’s stock option plan and is subject to the terms and conditions of the plan and the policies of the TSX Venture Exchange.

The company relied on exemptions from the formal valuation and minority approval requirements of Multilateral Instrument 61-101, as the common shares of GRAFTA Nanotech Corp. are listed only on the TSX Venture Exchange. The exemptions were based on the fact that the common shares are not listed on a specified market, and the fair market value of the subject matter of the options did not exceed 25% of the company’s market capitalization.

Founded in 2021, GRAFTA Nanotech Corp. is dedicated to developing and deploying advanced graphene-based adsorption media for the removal of contaminants from industrial wastewater, groundwater, and process water. The company’s technology is designed for applications across mining, oil and gas, industrial manufacturing, and environmental remediation. Its solutions can be integrated into existing treatment infrastructure, modular treatment systems, and in-situ remediation applications.

The stock option grant is part of the company’s ongoing efforts to align the interests of its management and key personnel with the long-term success of the business. The grant is expected to motivate and retain talent, thereby supporting the company’s growth and innovation goals.