marijuana stocks

Form 8-K for ENERTOPIA CORP.

4-Nov-2014

Unregistered Sale of Equity Securities, Regulation FD Disclosure, Financial State

Item 3.02 Unregistered Sales of Equity SecuritiesThe Company issued 2,100,000 stock options. On July 15, 2014, the Company had adopted the 2014 Stock Option Plan. Based on this original Stock Option Plan, on November 3, 2014, the Company has granted 2,100,000 stock options to a Directors, Officers and Consultant of the Company. The exercise price of the stock options is $0.10, vested immediately, expiring November 3, 2019.

Name and Position                           Amount of stock options grant
Robert McAllister, CEO & President/Chairman                       500,000
Bal Bhullar, CFO                                                  500,000
Don Findlay, Director                                             500,000
John Thomas, Director                                             500,000
Allan Spissinger                                                   50,000
Taven White                                                        50,000

 

Item 7.01 Regulation FD Disclosure.A copy of the news release announcing the options is filed as exhibit 99.1 to this current report and is hereby incorporated by reference.

ITEM 9.01. FINANCIAL STATEMENTS AND EXHIBITS.(d) Exhibits.

Exhibit No. Description
10.1 Form of Stock Option Agreement dated November 3, 2014

 


MAPH Enterprises, LLC | (305) 414-0128 | 1501 Venera Ave, Coral Gables, FL 33146 | new@marijuanastocks.com
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