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Growmax announces Board change

Published by
World Fertilizer,

GrowMax Resources Corp. has announced Dr. Easton Wren has retired as a Director of the Company, effective November 2016.

Mr. Abby Badwi, Chairman of the Company commented, "On behalf of the Board of Directors of GrowMax, I wish to thank Easton for his many years of dedicated service and contributions to the Company and wish him well in his future endeavors."

The Company also reported that the Board of Directors has granted an aggregate of 1 600 000 options, of which 1 450 000 stock options were granted to directors and officers and 150 000 to other employees of the Company and its subsidiary. Each stock option represents the right to purchase one common share of the Company at an exercise price of US$0.20 per common share. The stock options vest over a two-year period and expire on 28 November 2021.

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