We could not find any results for:
Make sure your spelling is correct or try broadening your search.
Share Name | Share Symbol | Market | Type |
---|---|---|---|
Terra Firma Capital Corp | TSXV:TII | TSX Venture | Common Stock |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
0.00 | 0.00% | 7.25 | 7.25 | 7.30 | 0 | 01:00:00 |
TORONTO, ONTARIO--(Marketwired - May 23, 2014) - Terra Firma Capital Corporation (TSX-VENTURE:TII) ("Terra Firma" or the "Corporation") announced today that subject to regulatory approval and pursuant to the terms of its share option plan, it has granted options on May 20, 2014, to its directors and certain employees to purchase an aggregate of 565,000 common shares of the Corporation . The options permit the grantees to acquire common shares of the Corporation at a price of $0.50 per share. Except for the 210,000 options granted to certain employees, which vested immediately, the options vest in four equal installments, with the first 25% vesting immediately upon grant, and 25% vesting every 90 days thereafter. In each case the options expire five years from the date of grant.
In order to promote greater alignment of interests between directors, officers and employees of the Company and its shareholders, the Company's board has approved the adoption of a cash-settled-only deferred share unit plan (the "DSU Plan").
Further details regarding both the share option plan and the DSU Plan will be set out in the management information circular of the Company which will be mailed to shareholders and filed on SEDAR in connection with the Annual General and Special Meeting of shareholders.
About Terra Firma
Terra Firma is a full service, publicly traded real estate finance company that provides customized equity and debt solutions to the real estate industry. Our focus is to provide financings with flexible terms to property owners and developers looking for customized structures. Terra Firma offers a full spectrum of real estate financing under the guidance of strict corporate governance, clarity and transparency. For further information please visit Terra Firma's website at www.tfcc.ca.
The TSXV has neither approved nor disapproved the contents of this press release. The TSXV does not accept responsibility for the adequacy or accuracy of this press release.
Terra Firma Capital CorporationY. Dov MeyerPresident and Chief Executive Officer416.792.4700 x 301ydmeyer@tfcc.caTerra Firma Capital CorporationMano ThiyagarajahChief Financial Officer416.792.4700 x 303mthiyagarajah@tfcc.ca
1 Year Terra Firma Capital Chart |
1 Month Terra Firma Capital Chart |
It looks like you are not logged in. Click the button below to log in and keep track of your recent history.
Support: +44 (0) 203 8794 460 | support@advfn.com
By accessing the services available at ADVFN you are agreeing to be bound by ADVFN's Terms & Conditions