Norvista Capital grants Stock Options to Directors
28 April 2020 - 12:00AM
Norvista Capital Corporation (“
Norvista” or the
“
Company”) (TSX-V: NVV) announces pursuant to
recent appointments to the Board, the grant, effective today, of
800,000 stock options to certain directors pursuant to the
Company’s incentive stock option plan. The options vest 1/3 on
grant, 1/3 on the six month anniversary date of the grant and 1/3
on the one year anniversary date of the grant. The options are
exercisable at $0.10 and expire on April 26, 2025.
About Norvista
Norvista is a resource-based merchant bank with
an investment portfolio of public securities issued by companies
engaged in precious and base metal exploration and development. The
portfolio is comprised primarily of three core investee companies
with operations located in Mexico, Canada and the United States.
Norvista's core investee companies are Minera Alamos Inc.,
Rockcliff Metals Corporation and Nevada Zinc Corporation. The
Company seeks to monetize its investments through a combination of
direct market sales, share disposition transactions with strategic
purchasers or investee company share distributions to Norvista
shareholders. All or a portion of the proceeds from the sale
of investee company shares may be distributed to Norvista
shareholders at the discretion of the Company's Board of
Directors.
For further information, please
contact:
Norvista Capital
Corporation
Don Christie, President &
CEO
Off: (416) 504-4171 dchristie@norvistacapital.com
The TSX Venture Exchange Inc. has in no way
passed upon the merits of the proposed transaction and has neither
approved nor disapproved the contents of this news release.
Cautionary Note Regarding
Forward-Looking Statements: This news release includes
forward-looking statements that are subject to risks and
uncertainties. Forward-looking statements involve known and unknown
risks, uncertainties, and other factors that could cause the actual
results of Norvista and its invstee companies to be materially
different from the historical results or from any future results
expressed or implied by such forward-looking statements. All
statements contained in this news release, other than statements of
historical fact, are to be considered forward-looking. Although
Norvista believes the expectations expressed in such
forward-looking statements are based on reasonable assumptions,
such statements are not guarantees of future performance and actual
results or developments may differ materially from those in the
forward-looking statements. Accordingly, readers should not place
undue reliance on forward-looking information. Norvista does not
undertake to update any forward-looking information except in
accordance with applicable securities laws.
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