PlantX (CSE: VEGA) (OTC: PLTXF) (Frankfurt: WNT1) recently announced that its common shares have begun trading on the OTC Pink Market under the symbol “PLTXF.” The company also announced that, per the terms and conditions of its incentive stock option plan, PlantX has granted 1,815,000 incentive stock options to purchase common shares of PlantX to certain executive officers, consultants and employees of the company. The options are exercisable for a five-year period at a price of $0.70 per share. In addition, as part of a new long-term incentive program, PlantX announced approval by its board of directors, subject to regulatory approval and ratification by the company’s shareholders at the next annual general meeting, of a restricted share unit plan for eligible officers, directors, employees and consultants (the “RSU Plan”), and a performance share unit plan for eligible employees and consultants (the “PSU Plan”). The company may grant and issue PSUs or RSUs pursuant to the terms of the PSU Plan or RSU Plan, respectively. However, neither PSUs nor RSUs will be permitted to vest and be paid out until the PSU Plan and RSU Plan have been approved and ratified by shareholders.
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About PlantX Life Inc.
As the digital face of the plant-based community, PlantX’s platform is the one-stop shop for everything plant-based. With its fast-growing category verticals, the company offers customers across North America more than 10,000 plant-based products. In addition to offering meal and indoor plant deliveries, the company currently has plans underway to expand its product lines to include cosmetics, clothing and its own water brand — but the business is not limited to an e-commerce platform. The company uses its digital platform to build a community of like-minded consumers and, most importantly, provide education. Its successful enterprise is being built and fortified on partnerships with top nutritionists, chefs, and brands. The company eliminates the barriers to entry for anyone interested in living a plant-based lifestyle, and thriving in a longer, healthier and happier life. For more information, visit the company’s website at www.investor.plantx.com/.
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