“Empowering Visionaries: MustGrow Rewards Trailblazers with RSUs and DSUs”
Saskatoon, Saskatchewan – September 1, 2023 – MustGrow Biologics Corp. (TSXV: MGRO) (OTCQB: MGROF) (FSE: 0C0), a company that knows no boundaries when it comes to innovation, is making headlines once again. Prepare to be amazed as we unveil a thrilling development.
The board of directors of MustGrow, a true champion of progress, has given the green light for something extraordinary. A total of 612,757 deferred share units (“DSUs”) and 177,035 restricted share units (“RSUs”) have been granted to the trailblazers – the directors, officers, and consultants who drive our mission forward. This game-changing move was set into motion on August 31, 2023, as part of our grand plan, the Omnibus Equity Incentive Plan (the “Plan”).
Now, here’s where it gets even more exciting. The RSUs are destined to mature into full bloom on March 28, 2024. Once they do, each RSU becomes a golden ticket, granting the holder the choice of either one common share in MustGrow or its cash equivalent, handpicked by the Company itself. These RSUs are the keys to a treasure trove of possibilities.
But wait, there’s more. The DSUs? They’re the definition of versatility, vesting right from the moment they’re granted, in perfect harmony with the Plan’s terms. When the time comes, these DSUs transform into the same golden opportunity – one common share or a cash equivalent, at the discretion of the Company.
At MustGrow, we believe in nurturing talent and rewarding dedication. It’s not just an investment; it’s a testament to our commitment to fostering growth. Stay tuned for the extraordinary journey ahead as our visionaries pave the way for a brighter tomorrow!
At MustGrow, we’re not just another agriculture biotech company; we’re the architects of a sustainable farming revolution. Our secret weapon? The mighty mustard plant, with its natural defense mechanisms and organic prowess. We’re on a mission to safeguard the global food supply, ensuring that farmers can continue to nourish the world.
But we don’t just stop at protection; we’re all about innovation. Collaborating with industry giants like Janssen PMP (the pharmaceutical division of Johnson & Johnson), Bayer, Sumitomo Corporation, and Univar Solutions’ NexusBioAg, we’re crafting mustard-based organic solutions to replace harmful synthetic chemicals. We’re talking about a greener, healthier future for agriculture.
But that’s not all. We’re expanding our horizons, venturing into soil amendment and biofertility markets. Picture this: Mustard-derived formulations that not only enhance yields but also improve soil quality. We’re talking about a holistic approach to farming, where every aspect of the ecosystem thrives.
Our journey is backed by science, with over 150 independent tests validating our safe and effective crop protection methods. And when it comes to application, we’re redefining the game. Our patented liquid products can be easily integrated into existing equipment, making farming more efficient and eco-friendly.
But we’re not stopping here. MustGrow’s technology isn’t limited to agriculture; it’s a platform that transcends industries. From preplant soil treatment to postharvest disease control, and even food preservation, we’re revolutionizing multiple sectors.
With approximately 50.1 million basic common shares issued and outstanding, and 56.3 million shares fully diluted, MustGrow is poised to lead the charge in sustainable farming practices. Join us as we redefine the future of agriculture and beyond!