VANCOUVER, BRITISH COLUMBIA / ACCESSWIRE / June 27, 2014/ First Growth Holdings Ltd. ("First Growth" or the "Company") (TSX-V: FGH), reports that it has granted incentive stock options to certain directors, officers, employees, and consultants for the Company to purchase up to 2,675,000 common shares in the capital of the Company pursuant to its Stock Option Plan. The options are exercisable on or before June 23, 2019 at an exercise price of $0.30 per share.
About First Growth
First Growth is a Canadian-based company that identifies and develops strong brands in the Canadian and international markets. Strong brands have a global reach in today's modern world with the rapid adoption of social media and advancements in technology. First Growth recognizes the potential for certain brands to penetrate international markets and will be focused on developing each one of its brands to its fullest potential.
WineOnline Marketing Company Ltd. is the first brand that First Growth will develop. WineOnline, through its website WineOnline.ca, allows customers to shop for great unique wines that are not readily available in most stores, and have the wine delivered to your home or office. The direct-to-customer online wine business in Canada is far behind first world peer countries. First Growth views this as an enormous opportunity for the right brand to establish itself as the industry leader. Acquiring WineOnline, which is an established brand in Ontario and has been since 2004, was the perfect opportunity to grow an existing business into a national leading online retailer.
Leveraging the relationships that WineOnline has established with some of the best wineries around the world, First Growth plans to import some of those brands into China, one of the fastest growing wine markets in the world. This emerging market is still in the infancy stage with massive potential for exponential growth. First Growth's team has intimate knowledge of the wine market in China that will assist in our rapid entry into the wine market.
First Growth will be evaluating and exploring other brands that have international opportunities for growth and investing in them in order to create increased shareholder value.
ON BEHALF OF FIRST GROWTH HOLDINGS LTD.:
"J. Paul Guedes"
J. Paul Guedes
FOR MORE INFORMATION, PLEASE CONTACT:
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the Exchange) accepts responsibility for the adequacy or accuracy of this release.
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