other material
confidence high
sentiment neutral
materiality 0.40
ProtoKinetix issues 1M units for $50k, grants 10M stock options to insiders and consultants
ProtoKinetix, Inc.
- Private placement: 1M units (share + warrant at $0.05) to CEO Clarence Smith for $50,000.
- Board increased 2017 Plan reserve from 89.7M to 97.7M shares for future equity awards.
- Options for 10M shares granted to CEO, CFO, director, and three consultants at $0.06, vesting quarterly.
- Options expire March 14, 2030; total options outstanding now 94,690,000 under the plan.