Axios Announces Grant of Options
/EINPresswire.com/ -- MISSISSAUGA, ON -- (Marketwired) -- 12/24/15 -- Axios Mobile Assets Corp. (CSE: AXA) (OTCQB: AXBSF) ("Axios" or the "Company") announced today that certain officers and directors have been issued an aggregate of 1,426,500 options with each such option entitling the holder thereof to acquire one common share of the Company at an exercise price of $1.00 for a period of five years. Twenty percent of the options vest on December 23, 2016 with the remaining options vesting in equal monthly increments thereafter for 48 months.
About Axios Mobile Assets
Axios Mobile Assets Corp. is a smart/connected supply chain logistics company. Axios is becoming a key supplier of pooled pallets primarily in the perishable food category. The Axios Solution, includes proprietary tracking and information systems that deliver actionable data that helps improve supply chain visibility and food safety. The Axios Solution is gaining market acceptance based on its unique attributes: lower total cost, lighter weight, sanitary pallets, and real time data. Axios was incorporated under the Business Corporations Act (Ontario) and is a reporting issuer in the Province of Ontario. Axios is traded on the Canadian Securities Exchange (CSE) under the symbol AXA, and on the OTCQB Venture Marketplace under the symbol AXBSF.
Further information concerning the Company can be found at www.axiosma.com, www.sedar.com and www.cnsx.ca.
The Canadian Securities Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of this news release.
CONTACT:
Richard MacDonald
President & CEO
Email Contact
877-762-9467 x601
Peter Murray
Shareholder Contact
Email Contact
778-839-8382
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