The RSUs were granted as an incentive to directors, officers and employees of the Company (the 'Key Participants') considered to have key roles to play in the successful negotiation and implementation of the reverse takeover transaction between the Company,
The RSUs are each exchangeable for 1 common share of the Corporation and will vest on the date the management information circular in respect of the RTO Transaction is mailed out to shareholders (the 'Mailing Date') or, if the management information circular has not yet been mailed, in three tranches of one-third each, with the first vesting on
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CAUTION REGARDING FORWARD-LOOKING INFORMATION
This news release contains forward-looking statements relating to the Company and the grant of restricted share units under its 2018 Omnibus Equity Incentive Compensation Plan. Such forwardlooking statements are identified by terms such as 'will', 'if' and similar expressions. All statements, other than statements of historical fact included in this release, including those noted above, are forward-looking statements that involve risks and uncertainties. There can be no assurance that such statements will prove to be accurate and actual results and future events could differ materially from those anticipated in such statements. Important factors that could cause actual results to differ materially from the Company's expectations include the departure of RSU recipients from the Company prior to the vesting of their RSUs, RSU recipients choosing not to deliver a settlement notice in respect of their RSUs, difficulties or delays closing the RTO Transaction, and other risks as set out in the Company's Filing Statement available on its SEDAR page at www.sedar.com. The reader is cautioned that assumptions used in the preparation of any forward-looking information may prove to be incorrect. Events or circumstances may cause actual results to differ materially from those predicted as a result of numerous known and unknown risks, uncertainties, and other factors, many of which are beyond the control of the Company. The Company cannot guarantee that any of the forward-looking statements contained in this press release will occur as disclosed herein or at all. The reader is cautioned not to place undue reliance on any forwardlooking information. Such information, although considered reasonable by management at the time of preparation, may prove to be incorrect and actual results may differ materially from those anticipated. Forwardlooking statements contained in this news release are expressly qualified by this cautionary statement. The forward-looking statements contained in this news release are made as of the date of this news release and the Company will only update or revise publicly the included forwardlooking statements as expressly required by Canadian securities law.
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