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NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES
TORONTO, May 11, 2021 (GLOBE NEWSWIRE) -- Hampton Financial Corporation (“Hampton” or the “Corporation”) (TSXV:HFC & HFC.PR.A) announces that it has granted stock options to officers, directors and employees to purchase up to 1,100,000 subordinate voting shares of the Corporation at the exercise price of $0.32 per share. All options vest immediately and are exercisable for a 10 year term. The options were granted under the Corporation’s stock option plan, pursuant to which the aggregate number of subordinate shares under stock options shall not exceed 10% of the outstanding subordinate voting shares. The Corporation currently has outstanding stock options exercisable to purchase up to 1,400,000 subordinate voting shares of the Corporation.
About Hampton Financial Corporation
Hampton is a unique private equity firm that seeks to build shareholder value. through long-term strategic investments. Through its subsidiary, Hampton Securities Limited (“HSL”), Hampton is actively engaged in family office, wealth management, institutional services and capital markets activities. HSL is a full-service investment dealer, regulated by IIROC and registered in Alberta, British Columbia, Manitoba, Saskatchewan, Nova Scotia, Northwest Territories, Ontario and Quebec. In addition, HSL provides investment banking services, which include assisting companies with raising capital, advising on mergers and acquisitions, and aiding issuers in obtaining a listing on recognized securities exchanges in Canada and abroad.
For more information, please contact:
Chief Financial Officer
Hampton Financial Corporation
Peter M. Deeb
Executive Chairman & CEO
Hampton Financial Corporation
The TSX Venture Exchange has in no way approved nor disapproved the contents of this press release. 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 press release.
No securities regulatory authority has either approved or disapproved of the contents of this press release. This press release does not constitute or form a part of any offer or solicitation to buy or sell any securities in the United States or any other jurisdiction outside of Canada. The securities being offered have not been and will not be registered under the United States Securities Act of 1933, as amended (the "U.S. Securities Act"), or the securities laws of any state of the United States and may not be offered or sold within the United States or to a U.S. person absent registration or pursuant to an available exemption from the registration requirements of the U.S. Securities Act and applicable state securities laws. There will be no public offering of securities in the United States.