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Harrys announces stock option grant


Vancouver, British Columbia – TheNewswire – January 14, 2022 – Harrys Manufacturing Inc. (CSE: HARY) (CNSX:HARY.CN) (the ” Society ” Where ” Harry’s”) is pleased to announce that under its incentive stock option plan (” Option plan”), it issued a total of 1,750,000 stock options (the “Choice”) to the directors and officers and to a consultant (the “Consultant” ) the company. Each Option is exercisable for one ordinary share in the capital of the Company (each, a “To share”) at an exercise price of $0.11 per share. Options expire after five years, except for options granted to the consultant, which expire after two years. Options vest from the date of grant. The options are subject to the terms of the Company’s stock option plan, any regulatory approvals and are subject to a statutory hold period expiring on May 15, 2022 in accordance with applicable Canadian securities laws and Canadian Stock Exchange policies.

Following the granting of 1,750,000 options, the Company has 6,130,000 options outstanding. The Option Plan allows the Board of Directors to issue the equivalent of up to 10% of the issued and outstanding share capital of the Company on a continuous basis.

About Harry’s

Harrys is a wholesale distributor of high quality, value priced 100% natural tobacco cigarettes. Harrys uses various types of tobacco blends to satisfy customer demands and preferences for products that meet Health Canada standards. Harrys’ management team brings over 50 years of combined experience in the domestic and international tobacco industry. For more information, please visit: www.harrysmfg.com.

ON BEHALF OF COUNCIL

ken floor
President and CEO

For more information, please contact:

Business communication
Phone: 604-349-3011
E-mail:
IR@HarrysMFG.com

The information contained in this press release regarding the Company’s products is intended for the exclusive use of market investors and in no way intended to promote tobacco products to consumers, which is prohibited by Canadian law.

The CSE has neither approved nor disapproved of the information contained in this document.

This press release contains forward-looking statements and other statements that are not historical facts. Forward-looking statements are often identified by words such as “will”, “may”, “should”, “anticipate”, “expect” and similar expressions. All statements, other than statements of historical fact, included in this release are forward-looking statements that involve risks and uncertainties. There can be no assurance that such statements will prove to be accurate and actual results and future events could differ materially from those anticipated in such statements. Important factors that could cause actual results to differ materially from the Company’s expectations include non-compliance with Canadian Stock Exchange requirements and other risks detailed from time to time in the Company’s filings with securities regulations.

Readers are cautioned that the assumptions used in preparing any forward-looking information may prove to be incorrect. Events or circumstances may cause actual results to differ materially from those anticipated due to numerous known and unknown risks, uncertainties and other factors, many of which that are beyond the Company’s control. Readers are cautioned not to place undue reliance on forward-looking information. Such information, although considered reasonable by management when prepared, may prove to be incorrect and actual results may differ materially from those anticipated. The forward-looking statements contained in this press release are expressly qualified by this cautionary statement. The forward-looking statements contained in this press release are made as of the date of this press release and the Company will publicly update or revise any of the forward-looking statements included as expressly required by applicable law.

THIS PRESS RELEASE IS NOT FOR DISTRIBUTION TO US NEWS WIRE SERVICES FOR DISSEMINATION IN THE UNITED STATES

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