VANCOUVER, BC – November 15, 2016 – ZoomAway Travel Inc. (TSX VENTURE: ZMA) (the “Company”) wishes to announce the granting of incentive stock options to certain directors, officers and employees to purchase up to 2,874,000 common shares under the Company’s Incentive Stock Option Plan. Directors’ and Officers’ options will be granted for a period of five years, fully vested and the remaining options will have vesting provisions over three years commencing on November 15, 2016, exercisable at a price of $0.20 per share.
NOT FOR DISSEMINATION OR RELEASE IN THE UNITED STATES FOR IMMEDIATE RELEASE IN CANADA
Or for additional information contact: Sean Schaeffer, President, ZoomAway Inc., at 775-691-8860
About Us
ZoomAway, Inc. (Nevada Co.) provides leading hotels, golf resorts, ski resorts, and activity providers with a seamless, scalable, and fully integrated technology platform that allows for the discounted packaging of lodging, ski, golf, activities, and attractions. It seamlessly integrates into client websites, providing their customers with a real-time one-stop shop for all of their travel and recreational needs. Additional information about ZoomAway Inc. can be found at www.zoomaway.com.
About Poppy Hills
Poppy Hills is the first golf course owned and operated by the Northern California Golf Association and was opened in June of 1986. The Robert Trent Jones Jr. design co-hosted the AT&T Pebble Beach National Pro-Am from 1991 through 2009, as well as the Spalding Pebble Beach Invitational and the 1991 NCAA Men’s Championship. Poppy Hills underwent an extensive renovation beginning in March of 2013 centered on water conservation. Jones reinvented the course architecturally, restoring each hole to its natural elevation along the forest floor, softening doglegs and contours, rebuilding all 18 greens with bentgrass, eliminating rough and introducing native waste areas that reduced irrigated turf by nearly 25%. The new Poppy Hills reopened in April of 2014. For more information about Poppy Hills, please visit www.poppyhillsgolf.com.
Forward-Looking Statements
This release includes certain statements that may be deemed “forward-looking statements”. All statements in this release, other than statements of historical facts, that address events or developments that the Company expects to occur, are forward-looking statements. Forward-looking statements are statements that are not historical facts and are generally, but not always, identified by the words “expects”, “plans”, “anticipates”, “believes”, “intends”, “estimates”, “projects”, “potential” and similar expressions, or that events or conditions “will”, “would”, “may”, “could” or “should” occur. Although the Company believes the expectations expressed in such forward-looking statements are based on reasonable assumptions, such statements are not guarantees of future performance and actual results may differ materially from those in the forward-looking statements. Factors that could cause the actual results to differ materially from those in forward-looking statements include regulatory actions, market prices, and continued availability of capital and financing, and general economic, market or business conditions. Investors are cautioned that any such statements are not guarantees of future performance and actual results or developments may differ materially from those projected in the forward-looking statements. Forward-looking statements are based on the beliefs, estimates and opinions of the Company’s management on the date the statements are made. Except as required by applicable securities laws, the Company undertakes no obligation to update these forward-looking statements in the event that management’s beliefs, estimates or opinions, or other factors, should change.
Neither the TSX Venture Exchange nor its Regulation Service Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release. The TSX Venture Exchange Inc. has in no way passed upon the merits of the proposed Offering and has neither approved nor disapproved the contents of this press release.
