Blackline Safety announces stock option grant
October 24, 2017
Calgary, Alberta — Blackline Safety Corp. (TSXV:BLN) today announced that 638,000 stock options were granted on October 24, 2017 to directors, officers, employees and contractors of the company. The options were assigned an exercise price of $4.40 per share and are exercisable for a period of five years, subject to regulatory approval. These options are granted under Blackline's stock option plan as part of its annual compensation package.
About Blackline Safety: Blackline Safety is a global connected safety technology leader. Providing comprehensive live-monitoring and wireless gas detection, we help teams working in hazardous environments respond to emergencies in real-time and manage efficient evacuations, accounting for everyone’s safety along the way. With millions invested in technology research and development, Blackline Safety is recognized for quality and innovation. Our talented team of designers and engineers create and manufacture everything in-house — from wearable technology and personal gas detectors to cloud-hosted infrastructure and web-based interfaces for global industry. We deliver the world’s first turn-key, work-anywhere connected safety monitoring solution with gas detection, 3G wireless, satellite communications, two-way speakerphone, employee messaging and live monitoring to meet the demanding safety challenges of organizations in over 200 countries. For more information, visit www.BlacklineSafety.com.
Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.