CLEARLY CANADIAN ANNOUNCES REALLOCATED AND REPRICED INCENTIVE STOCK OPTIONS.VANCOUVER Vancouver, city, Canada Vancouver, city (1991 pop. 471,844), SW British Columbia, Canada, on Burrard Inlet of the Strait of Georgia, opposite Vancouver Island and just N of the Wash. border. , British Columbia--(BUSINESS WIRE)--Nov. 22, 1994-- Clearly Canadian This article or section needs sources or references that appear in reliable, third-party publications. Alone, primary sources and sources affiliated with the subject of this article are not sufficient for an accurate encyclopedia article. Beverage Corp. (the "company"), wishes to announce that due to prevailing market conditions as well as the company's current reorganization, the board of directors has reallocated and repriced an aggregate of 1,506,800 previously granted incentive stock options exercisable at a price of $3.95 per share. The new director and employee incentive options will be exercisable for the same period, ending April 28, 2003, and shall be exercisable at a price of $2.10 (inclusive of inclusive of prep. Taking into consideration or account; including. allowable discount). The aggregate number of option shares will remain the same at 1,506,800 shares. ON BEHALF OF THE BOARD OF DIRECTORS DOUGLAS L. MASON, DIRECTOR -0- NOTES: CLEARLY CANADIAN BEVERAGE CORPORATION is the registered holder of the trademark "Clearly Canadian(R)". CLEARLY CANADIAN BEVERAGE CORPORATION, and its wholly owned international subsidiary, Clearly Canadian Beverage (International) Corporation, produce, distribute, and market CLEARLY CANADIAN(R), CLEARLY TEA(TM), and CLEARLY 2(TM), a line of flavoured adj. 1. same as flavored; - of foods. and unflavoured sparkling water beverages. Through distribution and/or licensing agreements, CLEARLY CANADIAN(R) is sold throughout the United States United States, officially United States of America, republic (2005 est. pop. 295,734,000), 3,539,227 sq mi (9,166,598 sq km), North America. The United States is the world's third largest country in population and the fourth largest country in area. , Canada, Japan and the United Kingdom, the Republic of Ireland, the Caribbean and Mexico. The Vancouver Stock Exchange Vancouver Stock Exchange (VSE) A securities and options exchange in Vancouver, British Columbia, (Canada), specializing in venture capital companies. Vancouver Stock Exchange See Canadian Venture Exchange (CDNX). has not reviewed and does not accept responsibility for the adequacy or accuracy of this release. This news release was prepared by management who accept responsibility for its content. CONTACT: Douglas L. Mason, Director, 604/683-0312 |
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