FRNT Grants Stock Options

TORONTO, Feb. 29, 2024 (GLOBE NEWSWIRE) — FRNT Financial Inc. (TSXV:FRNT) (OTCQB:FRFLF) (FSE:XZ3) (“FRNT” or the “Company”) announces that it has granted an aggregate of 100,000 stock options (the “Options”) to Alex McAulay, Chief Financial Officer of the Company pursuant to the Company’s stock option plan. The Options will vest monthly in eighteen equal installments, with the first vesting date being the date of grant. Each Option is exercisable, for a period of five years from the applicable vesting date, to acquire one common share of the Company at an exercise price of C$0.57.

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