PopReach Announces the Grant of Stock Options to LodeRock Advisors
TORONTO, Nov. 27, 2020 /CNW/ - PopReach Corporation ("PopReach" or the "Company") (TSXV: POPR) (OTCQX: POPRF) announced that on November 26, 2020, its Board of Directors granted options to acquire 30,000 shares to LodeRock Advisors Inc. ("LodeRock"). The Company retains LodeRock for strategic investor relations and capital markets communication services. All of the options are exercisable at $1.40, being the 5-day volume weighted average price of the Company's shares as of close on November 25, 2020. The options vest over a period of 12 months, with ¼ of the options vesting at the end of each three month period, and have a two year term. The options were granted pursuant to the Company's stock option plan.
About PopReach Corporation
PopReach, a Tier 1 Issuer on the TSX Venture Exchange, with shares also trading on OTCQX® Best Market, is a free-to-play mobile game publisher focused on acquiring and optimizing proven game franchises. The Company has acquired 12 successful game franchises competing mainly in the North American game market, including Smurfs' Village (IP under license), Kitchen Scramble, Gardens of Time, City Girl Life, War of Nations and Kingdoms of Camelot. The Company's games are enjoyed by over 1.2 million unique players a month. PopReach, headquartered in Toronto, employs a team of over 120 experts in Toronto, Vancouver, and Bangalore.
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.
SOURCE PopReach Corporation
Dennis Fong, Investor Relations, (416) 283-9930, [email protected]; PopReach Corporation, www.popreach.com, Christopher Locke, [email protected]
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