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