HempNova Grants Incentive Stock Options

/THIS NEWS RELEASE IS NOT FOR DISSEMINATION IN THE UNITED STATES OF AMERICA./

VANCOUVER, Feb. 26, 2020 /CNW/ - HempNova Lifetech Corporation, (the "Company" or "HempNova"), announces it has granted incentive stock options to certain of its directors, officers, consultants and employees to purchase up to an aggregate of 3,500,000 common shares of the Company (the "Options").  The Options are exercisable for a period of five years, at a price of $0.20 per share and vest 1/3 each year over three years.  All Options were granted in accordance with the Company's stock option plan.

ON BEHALF OF THE BOARD

"Ken Z. Cai", President

SOURCE HempNova Lifetech Corporation

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