Labrador Technologies Inc.
TSX VENTURE : LTX

Labrador Technologies Inc.

October 30, 2009 17:19 ET

Labrador Announces Options Grant

CALGARY, ALBERTA--(Marketwire - Oct. 30, 2009) -

(NOT FOR DISSEMINATION IN THE UNITED STATES OF AMERICA)

Labrador Technologies Inc. (TSX VENTURE:LTX) (the "Company") announces that it has granted options to an officer of the Company to purchase 250,000 common shares of the Company pursuant to the terms and conditions of its 2009 Stock Option Plan. 125,000 of the options vest on or subsequent to October 30, 2010, and 125,000 vest on or subsequent to October 30, 2011. These Options are exercisable over a two (2) year period at $0.10 per share.

Neither 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 news release.

Contact Information

  • Labrador Technologies Inc.
    Birgit Becker
    Controller
    (403) 261-7397