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Mountain Valley MD Holdings Inc. (MVMD) has announced the appointment of a group of advisors to provide strategic advisory services, and has also granted stock options to certain directors, officers, and consultants/advisors under its Stock Option Plan.
The company said the advisors will provide strategic advisory services on customary commercial terms, with any compensation subject to applicable securities laws and the policies of the Canadian Securities Exchange (CSE).
“I am very pleased to welcome this group of advisors to MVMD,” said Dennis Hancock, President and CEO of MVMD. “Their collective experience across human health, agriculture, formulation science, and capital markets aligns directly with our strategic priorities.”
MVMD listed the following individuals as advisors:
MVMD also announced that, pursuant to its Stock Option Plan, it has granted an aggregate of 15,100,000 incentive stock options to certain directors, officers, and consultants/advisors.
The options were granted at an exercise price of $0.06 per share and are exercisable for five years.
Vesting is structured as follows:
MVMD said any securities issued upon exercise of the options will be subject to applicable resale restrictions under CSE policies and securities laws.
Hancock commented: “The granting of stock options is an important component of our approach to aligning our team and advisors with long-term shareholder value. This structure allows us to preserve cash while ensuring that those contributing to the Company’s progress are directly incentivized alongside our shareholders as we continue to execute on our strategic priorities.”
MVMD said it is building an organization centered on the implementation, licensing and reselling of key technologies and formulations, including:
The company said its work applies owned and licensed technologies to advanced delivery of molecules for human and husbandry animal applications, including products for pain management, weight loss, energy, focus, sleep, anxiety, and more. It also said its work with Agrarius is focused on generating a positive impact on crop yields and reducing fertilizer usage.
MVMD described its technologies as follows:
MVMD’s materials also included a cautionary statement noting that certain statements in the release may constitute forward-looking information and are subject to risks and uncertainties.
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