CALGARY, Alberta--(BUSINESS WIRE)--Platinum Communications Corp. (“Platinum” or the “Corporation”) (TSX-V: PCS) today announced that subject to regulatory approval, options to acquire up to 800,000 common shares of the Corporation were granted to certain officers pursuant to the Corporation’s stock option plan. Bernard D. Parkinson, President and CEO was granted 500,000 options and Derek Curtis, VP of Operations was granted 300,000 options. The options are for a five year term, expiring on September 15, 2019, and are exercisable at a price of $0.10 per share. The closing price of Platinum’s common shares as at September 15, 2014 was $0.10.
ABOUT PLATINUM COMMUNICATIONS
Platinum Communications Corporation (TSX-V: PCS) is a leading provider of superior quality fixed wireless Internet and Broadband solutions utilizing Next-Generation WiMax technology. The Company caters to urban, rural and remote markets that are often beyond the reach of traditional Internet providers. Platinum's custom-built, wireless broadband network provides high-speed data and voice services to enterprise operations and residential customers throughout Alberta and NE British Columbia. For more information, please visit our website at www.platinum.ca or call 403-301-4591.
This news release may contain forward-looking statements. These forward-looking statements do not guarantee future events or performance and should not be relied upon. Actual outcomes may differ materially due to any number of factors or uncertainties, many of which are beyond Platinum's control. Some of these risks and uncertainties may be described in Platinum's corporate filings (posted at www.sedar.com). Platinum has no intention or obligation to update or revise any forward-looking statements due to new information or events.
Neither 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 news release.
|For further information please contact:|
|Bernard Parkinson, CEO||Kathy Kirkup, CFO|
|Phone (403) 301-4591||Phone (403) 301-4594|
Platinum Communications Corp.
Bernard D. Parkinson, CEO