Atlas Engineered Products Grants Stock Options
28 September 2018 - 12:00AM
ATLAS ENGINEERED PRODUCTS LTD. (“Atlas” or
the “Company”) (TSX-V: AEP) today announces that the
Company has granted 230,000 stock options to employees and officers
of the Company. The stock options are exercisable at $0.65 per
share in respect of 130,000 options, and exercisable at $0.44 per
share in respect of 100,000 options. All options are exercisable
for a period of five years from the date of grant, with 1/3 of the
options vesting every six months after the date of grant.
About Atlas Engineered Products
Ltd.
Atlas Engineered Products is a leading supplier
of trusses and engineered wood products. Atlas was formed over 18
years ago and operates manufacturing and distribution facilities in
British Columbia and Ontario to meet the needs of residential and
commercial builders. Atlas has expert design and engineering teams,
multiple-shift state-of-the-art truss manufacturing operations, and
large inventories of engineered beam and flooring components. Atlas
aims to grow its base of business across Canada by pursuing an
aggressive acquisition and consolidation and product
diversification strategy. Atlas will bring its construction
industry partners across Canada unparalleled excellence in service,
product, and support and is committed to supplying them with the
full array of components and assemblies they might require for
their projects – from design to lockup.
For further information please
contact:Atlas Engineered Products Ltd. Guy Champagne,
PresidentPhone: 1-250-754-1400Email: info@atlasep.caUnit 102, 6551
Aulds RoadNanaimo, BC V9S 5X9www.atlasengineeredproducts.com
For investor relations please
contact:Rob GamleyPhone: 1-604-689-7422 Email:
rob@contactfinancial.comContact Financial Corp.810 – 609 Granville
St. Vancouver, BC V7Y 1G5
Forward-Looking Information
Information set forth in this news release
contains forward-looking statements. These statements reflect
management’s current estimates, beliefs, intentions and
expectations; they are not guarantees of future performance. The
Company cautions that all forward-looking statements are inherently
uncertain and that actual performance may be affected by a number
of material factors, many of which are beyond the Company’s
control. Such factors include, among other things: risks and
uncertainties relating to the Company including those to be
described in the Filing Statement filed by the Company on
www.sedar.com. Accordingly, actual and future events, conditions
and results may differ materially from the estimates, beliefs,
intentions and expectations expressed or implied in the
forward-looking information. Except as required under applicable
securities legislation, the Company undertakes no obligation to
publicly update or revise forward-looking information.
NEITHER THE TSX VENTURE EXCHANGE NOR ITS
REGULATION 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.
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