Thetford Mines / TheNewswire / January 24, 2018 – KDA Group Inc. (TSXV: KDA) (“KDA Group” or the “Corporation”) announces that it has approved an amendment to its stock option plan (the ”Plan”) in order to increase the number of class A shares (“Common Shares”) that may be issued pursuant to the exercise of options under the Plan from 4,894,868 to 8,477,551, being 20% of the Corporation’s issued and outstanding Common Shares. The approval is subject to the vote of disinterested shareholders at the annual general and special meeting of shareholders to be held on February 15, 2018, and to regulatory approval.

The Corporation also announces that, pursuant to its 2015 incentive Plan, it has granted incentive options to directors, officers, employees and consultants of the Corporation to purchase up to an aggregate of 1,150,000 Common Shares. The options are exercisable on or before January 24, 2023, at a price of $0.25 per Common Share.

 

About KDA Group

KDA Group is a leading solution and service provider to the pharmaceutical market for the distribution of generic drugs and specialized solutions. Today it is a respected name for quality and expertise among pharmacists. Its management team is guided by a vision of continuing to lead the way in Quebec while extending operations across Canada and internationally. Additional information on the Corporation is available at www.kdagroup.ca and on SEDAR at www.sedar.com.

 

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CAUTION REGARDING FORWARD-LOOKING STATEMENTS

 

This press release from KDA Group contains forward-looking statements. Forward-looking statements are typically identified by the words assumption, goal, guidance, objective, outlook, strategy, target, and other similar expressions, or future or conditional verbs such as aim, anticipate, believe, predict, could, expect, intend, may, plan, seek, should, strive, and will. By their nature, forward-looking statements require us to make estimates and assumptions and express opinions based on current conditions and anticipated developments, as well as other factors that Management may deem appropriate under the circumstances. There is inherent uncertainty and significant risk in these estimates, assumptions, and opinions, particularly of a commercial, economic, and competitive nature, and they are therefore subject to change. KDA Group cannot guarantee that these estimates, assumptions, and opinions will prove to be accurate.

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 press release.

 

INFORMATION

Bruno Dumais, CPA, CA

Chief Financial Officer

418 755-0821

info@groupekda.ca