Hampton Financial Corporation Announces the Grant of Stock Options

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TORONTO, March 09, 2023 (GLOBE NEWSWIRE) -- Hampton Financial Corporation (“Hampton” or the “Corporation”) (TSXV: HFC) announces that it has granted stock options to a director and a senior officer to purchase up to an aggregate of 400,000 subordinate voting shares of the Corporation at the exercise price of $0.45 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. Following the grant of stock options the Corporation currently has outstanding stock options exercisable to purchase up to 1,500,000 subordinate voting shares of the Corporation.

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