Hampton Financial Corporation issues 3.05 million stock options

Hampton Financial Corporation has announced the issuance of fully vested stock options to purchase up to 3,050,000 subordinate voting shares. The options are set at a price of $0.35 per share with a ten-year term.

The issuance is subject to the approval of the company’s amended stock option plan by both the TSX Venture Exchange (TSXV) and the corporation’s shareholders.