Exro Technologies (CSE: XRO) (OTCQB: EXROF) on Tuesday announced that the company has granted incentive stock options to some directors, officers, employees, and consultants to purchase a total of 735,000 EXROF shares at a price of $0.375 each, in accordance with the company’s stock option plan. All the options are subject to vesting provisions, and all shares issued through the exercise of an option will be subject to a four month and one day hold period from the date of grant.
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About Exro Technologies Inc.
Exro facilitates the transition to clean energy by providing products and services to manufacturers to increase the efficiency and reliability of power systems, including electric motors, generators and batteries. Exro’s patented technology enhances energy systems by dynamically sensing and adapting variable inputs and optimally matching them to desired outputs, creating measurable performance gains and extended lifespan. The widespread applications of the technology apply to optimizing the performance of electric vehicles, UAVs, and ship drives, as well as pumps, industrial motors, and energy capture from wind and tides. For more information, visit the company’s website at www.Exro.com.
NOTE TO INVESTORS: The latest news and updates relating to EXROF are available in the company’s newsroom at http://nnw.fm/EXROF
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