Route1 Announces Completion of Issuance of Shares for Compensation and Implementation of Long-Term Incentive Plan

Dec 17, 2022

TORONTO, ON / ACCESSWIRE / December 16, 2022 / Route1 Inc. (TSXV:ROI, Financial) (the "Company" or "Route1"), an advanced North American provider of turn-key engineering and professional services, is pleased to announce that, pursuant to its September 19, 2022 and October 17, 2022 news releases, it has completed the issuance of common shares (the "Shares") of the Company to directors and executive management team members in lieu of cash compensation of approximately $301,883.48 by issuing 2,787,693 common shares at a deemed price of $0.085 and $0.115 per share. The securities issued are subject to a four-month and one day hold period, expiring on April 15, 2023.

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