ZTEST Announces Grant of Stock Options to Key Personnel

ZTEST Electronics Inc., based in North York, ON, disclosed on March 28, 2024, the grant of 350,000 stock options. These options were awarded to the President and two employees of Permatech Electronics Corp., a wholly-owned subsidiary. The options are exercisable at a rate of $0.27 per share for a span of five years. This move reflects the company's continued growth and its effort to incentivize its key staff.

Permatech Electronics Corp., under the ZTEST umbrella, provides Electronic Manufacturing Services across various sectors. This includes specialized manufacturing of complex circuit boards required in several industries such as Medical, Computer, and Consumer Electronics. The facility, boasting a 20,000 square foot area, is recognized for its high-quality and rapid turnaround, catering specifically to low and mid-volume production needs.

The announcement has not undergone approval or disapproval by the CSE, and it shies away from offering any guarantees for future performance. This statement is forward-looking and subject to the cautionary note regarding future expectations. ZTEST emphasizes its commitment to its growth and value for its employees through such strategic decisions.