FCF Capital Inc.
TSX VENTURE : FCF

July 15, 2015 21:59 ET

FCF Capital Announces Grant of Deferred Share Units and Options

TORONTO, ONTARIO--(Marketwired - July 15, 2015) - FCF Capital Inc. (TSX VENTURE:FCF) (the "Company" or "FCF") announces that it has today granted 312,500 deferred share units ("DSUs") to each of John Hawkrigg and Peter McRae and 250,000 DSUs to John Williamson, as payment for director fees. In addition, 102,740 DSUs were issued today to each of Courtenay Wolfe and Allan Bezanson as payment for director fees for the period of time in 2015 in which they were non-executive directors. The number of DSUs granted to each grantee was determined by dividing the cash amount of his or her DSU award by $0.16, which is above the current market price of common shares of FCF. The DSUs had an original grant date of June 1, 2015, but the grant date was delayed in order to prevent such DSUs from participating in the return of capital paid by the Company on July 7, 2015.

The Company also announces that, pursuant to the Company's stock option plan and in accordance with the terms of the employment/consulting agreements entered into by the Company with Courtenay Wolfe and Allan Bezanson as of May 1, 2015, FCF has granted options to acquire 1,450,000 common shares in the capital of FCF to each of Ms.Wolfe and Mr. Bezanson, effective as of today. The options have a term of 10 years from the date of grant and an exercise price of $0.16. One-half of the options will vest immediately and the remaining half will vest on April 30, 2016.

For further information about FCF Capital Inc. or this news release, please visit our website www.brilliantresources.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.

Contact Information