Chemesis Announces Results of Annual General and Special Meeting of Shareholders

Vancouver, BC / Chemesis International Inc. (CSE:CSI.U) (OTCQB:CADMF) (FRA:CWAA) (the “Company” or “Chemesis”) is pleased to announce that all matters submitted to the shareholders of the Company at the Annual General and Special Meeting of the Company’s shareholders held on December 31, 2020 were approved.

In addition, the Company has granted, pursuant to its Equity Incentive Plan, options to purchase 1,500,000 shares of the Company exercisable for a period of 5 years at USD$0.70 per share to the directors, officers and consultants of the Company. The Company has also granted, pursuant to its Equity Incentive Plan, restricted share rights to acquire 1,500,000 shares of the Company to the directors, officers and consultants of the Company. One-half of such restricted share rights shall vest in three months from the grant date and the remaining one-half shall vest in six months from the grant date.

On Behalf of The Board of Directors
Josh Rosenberg
President

Investor Relations:
[email protected]
1 (604) 398-3378

The CSE has not reviewed, approved or disapproved the content of this press release

 

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