ZoomerMedia Limited Announces Stock Option Grants
01 Diciembre 2020 - 4:54PM
ZoomerMedia Limited (TSXV:ZUM) (the “Company”), the leader in
serving the interests of the 45+ “Zoomer” market in Canada, today
announced stock option grants to its officers, employees and
consultants.
ZoomerMedia’s compensation philosophy is to
foster entrepreneurship at all levels of the organization through,
among other things, the granting of stock options, a significant
component of executive compensation. As such the Company announces
it has granted 15,200,000 stock options to various officers,
employees and consultants in accordance with TSX Policy 4.4, the
rules of the TSX Venture Exchange and the Corporation's Stock
Option Plan. The options are exercisable at $0.05 per share,
one-third vesting on November 25, 2021, one-third on November 25,
2022 and one third on November 25, 2023. These options have a term
of five years.This stock option grant is subject to TSX Venture
Exchange approval.
About
ZoomerMedia Limited
ZoomerMedia is a multimedia company that serves
the 45plus “Zoomer” demographic through television, radio,
magazine, internet and trade shows. ZoomerMedia’s television
properties include; Vision TV, Canada’s only multi-faith specialty
television service; ONE: Get Fit, offering programs on exercise,
meditation, yoga, natural health and living a planet-friendly
lifestyle; JoyTV in Vancouver, Victoria, Surrey and the Fraser
Valley, FAITH TV, a lifestyle television service out of
Winnipeg devoted to broadcasting Christian programming and is
available in approximately 6 million Canadian homes, and TVL
Channel 5, a linear television channel guide available to Rogers
households in Ontario and New Brunswick. ZoomerMedia’s radio
properties include CFMZ-FM Toronto – The New Classical 96.3FM,
CFMX-FM Cobourg – The New Classical 103.1FM, CFMO-FM – Collingwood
– The New Classical 102.9FM, Canada’s only commercial classical
music radio stations serving the Greater Toronto Area (GTA),
eastern Ontario and Collingwood, CFZM-AM 740 Toronto and CFZM-FM
96.7FM Toronto – Zoomer Radio, Toronto’s “Timeless Hits” Station.
ZoomerMedia also publishes ZOOMER Magazine, the largest paid
circulation magazine in Canada for the mature market, as well as On
The Bay Magazine, a regional lifestyle magazine published quarterly
for the 20 towns and villages of Southern Georgian Bay, Ontario.
ZoomerMedia is Canada’s leading provider of online content
targeting the 45plus age group through many properties, the key one
being www.EverythingZoomer.com. ZoomerMedia has trade show and
conference divisions that produce the ZoomerShows, annual consumer
shows directed to the Zoomer demographic and ideaCity, an annual
Canadian conference also known as 'Canada's Premiere Meeting of the
Minds'.
For further information, please contact:
Terence ChanChief Financial OfficerZoomerMedia Limited+1
416-607-7704t.chan@zoomermedia.ca |
Leanne WrightVice President
CommunicationsZoomerMedia Limited+1
416-886-6873leanne@zoomer.ca |
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