On July 3 2026, Hypercharge Networks Corp. (TSXV: HC; OTC: HCNWF; FSE: PB7) announced that it has granted 1,000,000 stock options to its President and Chief Executive Officer, David Bibby. The new options replace 1,000,000 that expired unexercised on June 29 2026. Each option gives the holder the right to purchase one common share of Hypercharge at an exercise price of $0.11, with a five‑year term and 100 % vesting upon issuance.

The grant is part of Hypercharge’s equity incentive plan and is subject to the requirements of the TSX Venture Exchange. The company’s press release noted that the options were issued to replace the expired ones, ensuring continuity of the CEO’s equity participation.

Hypercharge Networks is a Canadian provider of smart electric‑vehicle (EV) charging solutions for residential, commercial, and fleet customers. The company markets hardware, software, and services that enable charging in multi‑unit buildings, businesses, and other high‑growth sectors. Its network includes more than 600 public charging stations across North America, including locations in Ontario, Alberta, Prince Edward Island, New Jersey, and Texas.

The July 3 announcement follows a June 16 2026 release in which Hypercharge granted 2,630,000 stock options to directors, officers, employees and consultants. The June grant was part of a broader equity‑compensation program aimed at aligning employee interests with shareholder value.

David Bibby, who has served as Hypercharge’s CEO and President, is based in Vancouver, British Columbia. The company’s website lists him as the founder and chief executive, and the press release identifies him as the signatory on behalf of Hypercharge.

Hypercharge’s stock is traded on the TSX Venture Exchange, a Canadian venture‑capital marketplace headquartered in Calgary and Vancouver. The exchange provides an electronic trading platform for emerging companies. Hypercharge’s listing symbols include HC on the TSX Venture Exchange, HCNWF on the OTC market, and PB7 on the Frankfurt Stock Exchange.

The company’s equity incentive plan allows it to grant options that vest immediately or over time, depending on the terms set by the board. In this case, the CEO’s options vest 100 % upon issuance, a structure that aligns executive incentives with the company’s long‑term performance.

Hypercharge’s focus on EV charging aligns with broader industry trends toward electrification and carbon‑neutral transportation. The company’s solutions are designed to be compatible with both alternating‑current (AC) and direct‑current (DC) charging standards, allowing vehicles to use onboard converters or station‑integrated DC power.

The press release was issued by Hypercharge’s Head of Marketing, Kyle Kingsnorth, and included contact information for media and investor relations. The release also noted that the TSX Venture Exchange and its Regulation Services Provider do not accept responsibility for the accuracy of the announcement.

In summary, Hypercharge Networks has reinforced its executive compensation structure by granting 1 million options to its CEO, replacing a set of expired options. The grant is governed by the company’s equity plan and the TSX Venture Exchange’s rules. The move follows a larger equity‑grant program announced in mid‑June and reflects the company’s ongoing efforts to attract and retain talent while supporting its growth in the EV charging market.

Hypercharge’s next public update will likely come with its upcoming quarterly earnings report, which will provide further detail on its financial performance, capital expenditures, and expansion plans. Investors and analysts will also watch for any subsequent changes to the company’s equity incentive program or board‑approved compensation policies.