FRNT Grants Stock Options
01 Mars 2024 - 1:19AM
FRNT Financial Inc. (TSXV:FRNT) (OTCQB:FRFLF) (FSE:XZ3)
(“
FRNT” or the “
Company”)
announces that it has granted an aggregate of 100,000 stock options
(the “
Options”) to Alex McAulay, Chief Financial
Officer of the Company pursuant to the Company’s stock option plan.
The Options will vest monthly in eighteen equal installments, with
the first vesting date being the date of grant. Each Option is
exercisable, for a period of five years from the applicable vesting
date, to acquire one common share of the Company at an exercise
price of C$0.57.
About FRNT Financial Inc.
FRNT is an institutional capital markets and
advisory platform focused on digital assets. FRNT, through a
technology-forward and compliant operation, aims to bridge the
worlds of traditional and web-based finance. Partnering with both
financial institutions and crypto native firms, FRNT operates 5
synergistic business lines including deliverable trading services,
institutional structured derivative products, merchant banking,
advisory and consulting, and principal investments & trading.
Co-founded in 2018 by CEO Stéphane Ouellette, FRNT is a global firm
headquartered in Toronto, Canada.
FRNT FINANCIAL INC.Chief Executive
OfficerStéphane Ouelletteinvestors@frnt.io833
222-3768https://www.frnt.io
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.
Cautionary Note Regarding
Forward-Looking Information
This press release contains “forward-looking
statements” and “forward-looking information” within the meaning of
applicable law. Generally, forward-looking statements and
forward-looking information can be identified by the use of
forward-looking terminology such as “plans”, “expects” or “does not
expect”, “is expected”, “budget”, “scheduled”, “estimates”,
“forecasts”, “intends”, “anticipates” or “does not anticipate”,
“believes”, or variations of such words and phrases or statements
that certain actions, events or results “may”, “could”, “would”,
“might” or “will be taken”, “occur” or “be achieved”. All
forward-looking statements and forward-looking information are
based on reasonable assumptions that have been made by the Company
as at the date of such information. Forward-looking statements and
forward-looking information are subject to known and unknown risks,
uncertainties and other factors that may cause the actual results,
level of activity, performance or achievements of the Company to be
materially different from those expressed or implied by such
forward-looking statements and forward-looking information,
including but not limited to: the general risks associated with the
speculative nature of the Company’s business, current global
financial conditions, uncertainty of additional capital, price
volatility, government regulation in the industries in which the
Company operates, political and economic risk, absence of public
trading market, arbitrary offering price, dilution to the Company’s
common shares, dependence on key personnel, currency fluctuations,
insurance and uninsured risks, competition, legal proceedings,
conflicts of interest and lack of dividends. Although the Company
has attempted to identify important factors that could cause actual
results to differ materially from those contained in
forward-looking statements and forward-looking information, there
may be other factors that cause results not to be as anticipated,
estimated or intended. There can be no assurance that such
information will prove to be accurate, as actual results and future
events could differ materially from those anticipated in such
statements or information. Accordingly, readers should not place
undue reliance on forward-looking statements or forward-looking
information. The Company does not undertake to update any
forward-looking statement or forward-looking information that is
included herein, except in accordance with applicable securities
laws.
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