Canada-based DelphX Capital Markets Inc.'s board approved the grant of 1,150,000 stock options to an eligible participant under its stock option plan.
The options vest immediately and are exercisable for common shares at an exercise price of 10 Canadian cents per common share and expire two years from the date of grant.
Subsequent to this grant, the company has 8,719,000 options outstanding and a further 3,988 common shares reserved for issuance upon the exercise of options that may be granted pursuant to the plan.