|By Marketwired .||
|June 17, 2014 04:30 PM EDT||
TORONTO, ONTARIO -- (Marketwired) -- 06/17/14 -- Feronia Inc. ("Feronia" or the "Company") (TSX VENTURE:FRN) today announced that certain officers and employees of the Company have acquired an aggregate of 116,460 common shares in the capital of the Company (the "Qualifying Shares"), at a price of $0.05 per share, under the Company's Share Purchase Plan (the "Plan"). Under the terms of the Plan, each participant is entitled to receive the matching number of common shares acquired pursuant to the Plan at no cost to such participant (the "Deferred Matching Shares"). Subject to certain conditions, such Deferred Matching Shares will be issued to the participants over a three year period following the date of the purchase of the Qualifying Shares. As a result, the participants may be issued up to an aggregate of 116,460 Deferred Matching Shares in three equal tranches over a three year period. As required under the Plan, the Company has also issued an aggregate of 39,216 Deferred Matching Shares to certain officers, directors and employees who acquired Qualifying Shares in June 2012. Following the above noted issuance of common shares, the Company has an aggregate of 552,206,188 common shares issued and outstanding.
About Feronia Inc.
-- Feronia Inc. is a large-scale commercial farmland and plantation operator in the Democratic Republic of the Congo ("DRC"). -- The Company uses modern agricultural practices to operate and develop its oil palm plantations and arable farming business division. -- Feronia believes in the immense agricultural potential of the DRC for high-quality foodstuffs and edible oils given its ideal climate, excellent soil and highly skilled and experienced workforce. -- Feronia's management team is comprised of senior agriculturalists with extensive experience in managing both plantations and large-scale mechanized farming operations in emerging markets. -- Feronia is committed to sustainable agriculture, environmental protection and providing support for local communities. -- For more information please see www.feronia.com
Neither the 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.
Aug. 28, 2016 01:45 PM EDT Reads: 3,638
Aug. 28, 2016 01:00 PM EDT Reads: 2,406
Aug. 28, 2016 12:15 PM EDT Reads: 826
Aug. 28, 2016 11:45 AM EDT Reads: 654
Aug. 28, 2016 11:30 AM EDT Reads: 1,942
Aug. 28, 2016 11:00 AM EDT Reads: 668
Aug. 28, 2016 11:00 AM EDT Reads: 3,112
Aug. 28, 2016 10:45 AM EDT Reads: 820
Aug. 28, 2016 10:30 AM EDT Reads: 4,018
Aug. 28, 2016 10:30 AM EDT Reads: 875
Aug. 28, 2016 09:30 AM EDT Reads: 762
Aug. 28, 2016 09:30 AM EDT Reads: 709
Aug. 28, 2016 07:30 AM EDT Reads: 780
Aug. 28, 2016 03:30 AM EDT Reads: 2,366
With so much going on in this space you could be forgiven for thinking you were always working with yesterday’s technologies. So much change, so quickly. What do you do if you have to build a solution from the ground up that is expected to live in the field for at least 5-10 years? This is the challenge we faced when we looked to refresh our existing 10-year-old custom hardware stack to measure the fullness of trash cans and compactors.
Aug. 28, 2016 02:00 AM EDT Reads: 1,785