Mercator Transport Announces the Amendment of its Stock Option Plan
01 Noviembre 2013 - 2:30PM
Access Wire
MONTREAL, QUEBEC,
November 1, 2013 - Mercator Transport Group Corporation ("Mercator
Transport" or the "Corporation") (TSX-V: GMT), announces the
amendment of its stock option plan to amend the minimum exercise
price of stock options granted under the plan by the
Corporation.
Pursuant to this amendment, the
minimum exercise price of options granted under the plan is
decreased from 0,10$ to 0,05$, in compliance with TSX Venture
Exchange policies concerning the minimum exercise price of options
granted under a stock option plan.
This amendment to the minimum
exercise price of stock options granted under the Corporation's
plan does not require shareholder approval, due to the fact that
the plan is a fixed number stock option plan under which the number
of listed shares reserved for issuance represents less than 10% of
issued shares. The amendment however requires acceptance from the
TSX Venture Exchange.
About Mercator Transport
Mercator Transport
specializes in air, ocean and ground freight forwarding,
international logistics and distribution. Based in Montreal
(Canada), with offices in Lyon (France) and Buenos Aires
(Argentina), Mercator Transport offers value-added services in
global supply chain management, and designs tailor-made solutions.
Customer intimacy and commitment differentiates Mercator
Transport in its ability to implement customers'
requirements.
Neither TSX Venture Exchange nor its
Regulatory Services Provider (as that term is defined in the
policies of the TSX Venture Exchange) accepts responsibility for
the adequacy or accuracy of this release.
For further information:
Mr. Robert Gagnon, Chief Financial
Officer
Investor relations
investisseur@corpgmt.com
(514) 738-6464
(TSXV:GMT)
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