Hamilton Thorne Announces Stock Option Grants
21 Mars 2014 - 9:15PM
Marketwired
Hamilton Thorne Announces Stock Option Grants
BEVERLY, MA and TORONTO, ON--(Marketwired - Mar 21, 2014) -
Hamilton Thorne Ltd. (TSX-VENTURE: HTL), a leading provider of
precision laser devices and advanced image analysis systems for the
fertility, stem cell and developmental biology research markets,
today announced that it has granted a total of 1,450,000 stock
options to purchase common shares pursuant to the Company's
incentive stock option plan. The options are exercisable at
Cdn$0.05 per share, and expire ten years from the date of
grant. A total of 1,100,000 of these options were granted to
the Company's Directors, CEO, CTO and CFO. Grants to non-employee
Directors vest over three years; grants to employees vest over four
years.
About Hamilton Thorne Ltd. (www.hamiltonthorne.com)
Hamilton Thorne designs, manufactures and distributes precision
laser devices and advanced image analysis systems for the
fertility, stem cell and development biology research markets. It
provides novel solutions for Life Science that reduce cost,
increase productivity, improve results and enable research
breakthroughs in regenerative medicine, stem cell research and
fertility markets. Hamilton Thorne's laser products attach to
standard inverted microscopes and operate as robotic
micro-surgeons, enabling a wide array of scientific applications
and IVF procedures. Its image analysis systems improve outcomes in
human IVF clinics and animal breeding facilities and provide
high-end toxicology analyses.
Hamilton Thorne's growing customer base includes pharmaceutical
companies, biotechnology companies, fertility clinics, university
research centers, and other commercial and academic research
establishments worldwide. Current customers include world-leading
research labs such as Harvard, MIT, Yale, McGill, DuPont, Monsanto,
Charles River Labs, Jackson Labs, Merck, Novartis, Pfizer, and
Oxford and Cambridge.
Neither the Toronto Venture Exchange, nor its regulation
services provider (as that term is defined in the policies of the
exchange), accepts responsibility for the adequacy or accuracy of
this release.
Certain information in this press release may contain
forward-looking statements. This information is based on current
expectations that are subject to significant risks and
uncertainties that are difficult to predict. Actual results might
differ materially from results suggested in any forward-looking
statements. The Company assumes no obligation to update the
forward-looking statements, or to update the reasons why actual
results could differ from those reflected in the forward-looking
statements unless and until required by securities laws applicable
to the Company. Additional information identifying risks and
uncertainties is contained in filings by the Company with the
Canadian securities regulators, which filings are available at
www.sedar.com.
For more information, please contact: David Wolf President &
CEO Hamilton Thorne Ltd. 978-921-2050 Email Contact Michael Bruns
CFO Hamilton Thorne Ltd. 978-921-2050 Email Contact
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