Northern Frontier Corp. Announces Grant of Share Options and Restricted Share Units
(firmenpresse) - CALGARY, ALBERTA -- (Marketwired) -- 03/30/16 -- Northern Frontier Corp. (TSX VENTURE: FFF) (the "Corporation") announces that its board of directors (the "Board") has granted the following share options ("Options") and restricted share units ("RSUs") to its directors, senior officers and management of the Corporation:
All Options were granted under the Corporation''s Option plan, have a five-year term and vest (as to one third of the number of Shares that may be purchased) on the first, second and third anniversaries of the date of grant. All RSU''s were granted under the Corporation''s RSU plan, and vest (as to one third of the number of Shares that are issued) on the first, second and third anniversaries of the date of grant.
About Northern Frontier Corp.
Northern Frontier''s strategic objective is to create a large industrial and environmental services business through a buy and build growth strategy. Currently, the Corporation provides: civil construction, excavation, fabrication and maintenance services to the industrial industry, bulk water transfer logistic services and installs and dismantles remote workforce lodging and modular offices in western Canada.
The Corporation''s common shares are listed on the TSX Venture Exchange under the trading symbol "FFF".
Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
Contacts:
Northern Frontier Corp.
Chris Yellowega
President and Chief Executive Officer
587.350.7230
Northern Frontier Corp.
Monty Balderston
Executive Vice President and Chief Financial Officer
587.350.7230
Northern Frontier Corp.
400, 435 - 4th Avenue SW
Calgary, AB T2P 3A8
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Datum: 30.03.2016 - 16:42 Uhr
Sprache: Deutsch
News-ID 1424990
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Oil & Gas
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