KIRKLAND, QC,
Net loss for the quarter was
Net book value per share ("NBV") as at
Manitex also announced today that it has issued a total of 200,000 stock options ("Options") to two newly elected directors under Manitex's incentive stock option plan. All Options expire five years following the date of their grant with 1/3 vesting immediately, 1/3 after one year and 1/3 after two years.
About
Manitex is a diversified investment company specialized in investing in emerging as well as established companies and assists in increasing shareholder value. Manitex currently has 12,661,276 common shares outstanding which are quoted for trading on the
Forward Looking Statements
This press release may contain certain forward-looking information and statements concerning Manitex's operations, performance and financial condition, including, in particular, the likelihood of Manitex's success in developing and expanding its business. These statements are based upon a number of assumptions and estimates that are inherently subject to significant uncertainties and contingencies, many of which are beyond Manitex's control. Actual results may differ materially from those expressed or implied by such forward-looking statements.
SOURCE
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