Blackline Safety Announces Stock Option Grant
November 21, 2016
CALGARY, ALBERTA- Blackline Safety Corp. (TSX VENTURE:BLN) (“Blackline” or the “Company”) today announced that 517,000 stock options were granted on November 21, 2016 to directors, officers and employees of the Company. The options were assigned an exercise price of $2.85 per share and are exercisable for a period of five 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 Safety: Blackline Safety is a global leader that helps businesses manage the most efficient evacuations and emergency responses to safety and health incidents in the workplace. Behind each of our groundbreaking innovations is a strong team of designers and engineers with millions invested in technology research and development. We are agile and capable, developing and manufacturing everything in-house — from wearable safety technology to cloud-hosted monitoring software. With coverage in over 200 countries, we are the only provider of industrial-grade, turn-key, work-anywhere connected safety monitoring solutions. We make it easy and seamless to meet the most demanding safety monitoring challenges of organizations in any industry. Alert. Locate. Respond.™ For more information, visit www.BlacklineSafety.com.
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