Blackline Announces Stock Option Grant
July 17, 2015
CALGARY, ALBERTA–(Marketwired – July 17, 2015) – Blackline Safety Corp. (TSX VENTURE:BLN) (“Blackline” or the “Company”) today announced that 430,000 stock options were granted on July 15, 2015 to 12 directors and officers of the Company. The options are assigned an exercise price of $1.80 per share and are exercisable for a period of 5 years, subject to regulatory approval. These options are granted under the Company’s stock option plan as part of its annual compensation package.
About Blackline: Blackline Safety Corp. (TSX VENTURE:BLN) is a wireless location leader that develops, manufactures, and markets products and services for worker safety monitoring. Targeting a broad cross-section of industries where safety is a corporate priority, Blackline’s Loner solutions are promoted through offices in Calgary and the United Kingdom, and sold through a growing network of international distributors. Blackline’s safety solutions deliver safety and location awareness through mobile messaging, monitoring portal, Blackline’s Safety Operations Center, and web services. Blackline’s vision is to become the leading supplier of wirelessly connected worker safety monitoring products in the world. Blackline products allow customers to protect their personnel, share the conditions of their environment, and connect with emergency services when necessary. Blackline solutions Protect. Share. Connect.® For more information, visit www.blacklinesafety.com.
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