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CEO buys 15% of common stock, new option issued
NIA's CEO added over 3 million shares or 15% this month. See news and insider holdings below:
Sedi now shows that insiders and major shareholders own 11,255,036 out of 19,966,032 which is 56.4% of the common shares.
Insider buying can be seen here:
Also, a news release came out yesterday with regards to options for the directors but was not put through the news wire:
News: NIA Grants options to Directors February 18, 2016 TSX-V: NVC Niagara Ventures Corporation Announces Grant of Stock Options (TSX VENTURE: NVC) (the "Company") has granted common stock options to the Board of Directors, to acquire an aggregate of 550,000 common shares of the Company. This award recognizes the efforts made by the Board over the previous year. These 550,000 Options all have an exercise price of $0.06 per share, have a term of eight years, will vest over a period of three years and are otherwise subject to the terms of the Option Plan. The 550,000 options are granted as follows:
Director Option Grant
Ron McEachern 250,000
Scott Anderson 150,000
Larry Phillips 50,000
Scot Martin 50,000
Jeffrey Mores 50,000
About Niagara Ventures Corporation: Niagara Ventures Corporation
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