|By Marketwired .||
|May 2, 2014 01:56 PM EDT||
VANCOUVER, BRITISH COLUMBIA -- (Marketwired) -- 05/02/14 -- Prophecy Coal Corp. ("Prophecy" or the "Company") (TSX:PCY)(OTCQX:PRPCF)(FRANKFURT:1P2) announces that on May 1, 2014, it granted in aggregate, 7,135,000 incentive stock options ("Options") to various directors, officers, employees and consultants of the Company. As part of its continuous review, the Company cancelled over the past three months a total of 14,980,000 stock options with various exercise prices and further allowed 1,056,800 stock options to expire in January 2014 without renewal.
3,575,000 of the Options granted are to directors, officers and consultants who previously surrendered stock options for cancellation. As a result, this portion of the grant will be subject to approval by shareholders at the Company's next annual general meeting and the Toronto Stock Exchange.
The Options were granted pursuant to the terms of the Company's Stock Option Plan, which was approved by shareholders at the Company's last annual general and special meeting of shareholders held on July 30, 2013. The Options are exercisable at a price of $0.065 per common share for a term of five years expiring on May 1, 2019 and vest at 12.5% per quarter for the first two years following the date of grant.
About Prophecy Coal
Prophecy Coal Corp. is a Canadian company listed on the Toronto Stock Exchange engaged in developing energy projects in Mongolia. Further information on Prophecy Coal can be found at www.prophecycoal.com.
PROPHECY COAL CORP.
ON BEHALF OF THE BOARD
JOHN LEE, Executive Chairman
Jul. 29, 2015 05:30 PM EDT
Jul. 29, 2015 05:15 PM EDT Reads: 354
Jul. 29, 2015 04:30 PM EDT Reads: 497
Jul. 29, 2015 04:15 PM EDT Reads: 317
Jul. 29, 2015 04:00 PM EDT Reads: 1,064
Jul. 29, 2015 03:15 PM EDT Reads: 367
Jul. 29, 2015 03:15 PM EDT Reads: 231
Jul. 29, 2015 03:00 PM EDT Reads: 465
Jul. 29, 2015 03:00 PM EDT Reads: 1,252
Jul. 29, 2015 02:30 PM EDT Reads: 319
Jul. 29, 2015 02:30 PM EDT
Jul. 29, 2015 02:00 PM EDT Reads: 1,166
Jul. 29, 2015 02:00 PM EDT Reads: 371
Jul. 29, 2015 01:45 PM EDT Reads: 419
Containers are changing the security landscape for software development and deployment. As with any security solutions, security approaches that work for developers, operations personnel and security professionals is a requirement. In his session at DevOps Summit, Kevin Gilpin, CTO and Co-Founder of Conjur, will discuss various security considerations for container-based infrastructure and related DevOps workflows.
Jul. 29, 2015 01:00 PM EDT Reads: 1,058