VANCOUVER, BC, Jan. 27, 2023 /CNW/ – Looking Glass Labs Ltd. (“LGL” or the “Company”) (NEO: NFTX) (AQSE: NFTX) (OTC: LGSLF) (FRA: H1N), a leading Web3 platform specializing in immersive metaverse environments, play-to-earn tokenization and blockchain monetization strategies, announces that it has granted 3,010,000 restricted share units (the “RSUs“) to certain directors, officers and a consultant of the Company.
The RSUs have a four-month hold period for directors and officers and vest immediately for the consultant of the Company. Each RSU can be redeemed for one common share of the Company. Therefore, up to 3,010,000 common shares of the Company shall be issued pursuant to the redemption of the RSUs. The RSUs are granted pursuant to the terms of the RSU Plan approved by the shareholders of the Company and are subject to the policies of the NEO Exchange Inc.
ABOUT LOOKING GLASS LABS
Headquartered in Vancouver, British Columbia, Looking Glass Labs (“LGL“) is a leading Web3 innovation platform…