You might not be familiar with Fortune Brands as a company, but you've probably dabbled in their products. What are they? Well, there's Jim Beam, Maker's Mark, Courvoisier, and Sauza, for starters. Cheers! The Chicago-area company also makes golf gear, custom cabinetry, and home-improvement products. Who knew?
Mr.
Furthermore, the directors have granted a stock option to purchase 100,000 Class B shares of the Company, at an exercise price of
The directors and officers of the Company receive no salary and their only remuneration is the options that they receive, except the President and Chief Executive Officer who is paid engineer fees and one director who receives consulting fees for the time spent on the projects and affairs of the Company. The grant of stock options by the Company provide its officers and directors with a long-term incentive for performance and commitment to the Company. The Company believes that participation by the officers and directors in the stock option plan aligns their interests with those of its shareholders, as they are rewarded for the Company's performance as evidenced by share price appreciation. The grant of stock options allows the Company to attract, motivate and retain qualified individuals necessary to achieve corporate objectives of the Company.
FORWARD-LOOKING STATEMENTS: Except for statements of historical facts, all statements in this news release, including, without limitation, statements regarding forecasts, plans and objectives of
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.
Contacts:Abcourt Mines Inc.
Renaud Hinse
President
819-768-2857 / 450-446-5511
819-768-5475 / 450-446-3550 (FAX)
rhinse@abcourt.com
Current price per share
Today's gain: $-0.05 (-0.10%)
Sign up
or
Sign in
or continue to
Explore WeSeed