Surrey, BC – TheNewswire – November 2, 2026 – Icarus Capital Corp. (TSXV: ICRS) (the “Company”) is pleased to announce the appointment of veteran Canadian securities lawyer Jim Boyle as Strategic Advisor to the Company, along with the granting of 1,100,000 stock options to directors, officers, an employee and its newly appointed advisor.
Based in Toronto, Mr. Boyle currently practices law as Counsel with Irwin Lowy LLP and brings extensive experience in Canadian securities law, corporate finance, corporate governance and capital markets. His career includes involvement in the establishment and development of the Canadian Securities Exchange (CSE), as well as advising public companies on financing, regulatory matters and corporate transactions.
In his new advisory role, Mr. Boyle will provide strategic guidance to Icarus Capital on corporate development, mergers and acquisitions, governance and opportunities for long-term growth.
“We are delighted to welcome Jim to Icarus Capital,” said Eric Y. Lapointe, Chief Executive Officer . “His extensive experience in Canadian capital markets, combined with his understanding of the challenges and opportunities facing emerging public companies, will be invaluable as we continue to strengthen Icarus and pursue new opportunities for growth.”
Stock Option Grants
The Company also announces that its Board of Directors approved the grant of an aggregate of 1,100,000 stock options on October 26, 2026, under the Company’s existing Stock Option Plan.
The options have been allocated as follows:
Jim Boyle, Strategic Advisor: 235,000 options
Eric Y. Lapointe, CEO and Director: 225,000 options
Arjun Rudra, CFO: 225,000 options
John Sinclair, Director: 150,000 options
Scott Robertson, General Manager, Yuk Yuk’s Calgary: 150,000 options
Kevin Booth, Director: 115,000 options
All options vest immediately and are exercisable at $0.05 per common share for a period of five years, expiring October 26, 2031, subject to the Company’s Stock Option Plan and applicable TSX Venture Exchange requirements.
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About Icarus Capital Corp:
Based in Surrey, BC, Canada, Icarus Capital Corporation specializes in live and digital entertainment, primarily focused on stand-up comedy. The Company is publicly traded on the TSX Venture Exchange (TSX-V) under the ticker symbol “ICRS”. Its current assets include the Yuk Yuk’s Calgary Comedy Club, Yuk Yuk’s Surrey Comedy Club, Yuk Yuk’s Media, and Yuk Yuk’s Western Canadian Theatre Shows. More details can be found at www.icaruscapital.ca .
FURTHER INFORMATION
The TSX Venture Exchange Inc. has neither approved nor disapproved the contents of this press release.
NEITHER THE TSX VENTURE EXCHANGE NOR ITS REGULATION SERVICES PROVIDER (AS THAT TERM IS DEFINED IN THE POLICIES OF THE TSX VENTURE EXCHANGE) ACCEPTS RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS RELEASE.
CAUTIONARY STATEMENT REGARDING FORWARD-LOOKING STATEMENTS
This news release includes certain “forward-looking statements” under applicable Canadian securities legislation. Forward-looking statements include, but are not limited to, statements with respect to: the terms and conditions of the transactions; the business plans of Icarus; use of funds; and the business and operations of the Issuer. Forward-looking statements are necessarily based upon a number of estimates and assumptions that, while considered reasonable, are subject to known and unknown risks, uncertainties, and other factors which may cause the actual results and future events to differ materially from those expressed or implied by such forward-looking statements. Such factors include, but are not limited to: general business, economic, competitive, political and social uncertainties; delay and failure to receive applicable Board, shareholder or regulatory approvals. There can be no assurance that such statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. These forward-looking statements are made as of the date hereof and Icarus disclaims any intent or obligation to update publicly any forward-looking statements, whether as a result of new information, future events or results or otherwise, except as required by applicable securities laws.
For further information regarding the above, please contact:
Eric Lapointe, Chief Executive Officer, Icarus Capital Corp.
Email: info@icaruscapital.ca
Telephone: +1-604-600-2490
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