CALIFORNIA NANOTECHNOLOGIES ISSUES STOCK OPTIONS

Dec 18, 2018

TSX VENTURE: CNO

OTCQB: CANO

LOS ANGELES, CALIFORNIA, December 18, 2018 - California Nanotechnologies Corp. ("Cal Nano" or the "Company") is pleased to announce that it has granted 835,000 incentive stock options to the employees, directors and officers of the Company. The options were granted pursuant to the Company’s Stock Option Plan, which received shareholder approval at a Board of Directors Meeting held on December 13, 2018. The options were granted at the exercise price of $0.05 per share which was the closing price on December 17, 2018. The stock options will vest over three years, expire after a five year period and are subject to TSX Venture Exchange requirements. 

The options granted include those in the table below: 

For further information, please contact:

Eric Eyerman, CEO

T: (562)-991-5211

E: info@calnanocorp.com

W: www.calnanocorp.com