On January 10, 2020 iCo Therapeutics (TSXV: ICO) (OTCQB: ICOTF) ("iCo" or the "Company"), reported that granted 2,000,000 stock options to directors, officers and an advisor (Press release, iCo Therapeutics, JAN 10, 2020, View Source [SID1234553650]).

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The stock options are exercisable at the price of $0.08 and will expire on January 10, 2025. The stock options shall vest as follows: 1/5 on today’s date (the "Effective Date") and then 1/5 every six months until all options are vested. The closing price of the Company’s shares on the TSX Venture Exchange on January 10, 2020 was $0.08. After giving effect to this option grant, a total of 2,975,000 options will be issued and outstanding with 710,357 remaining for future issuance under the Company’s stock option plan.