Onsino Capital Corporation

March 09, 2010 16:24 ET

Onsino Capital Corporation Announces Grant of Stock Options

TORONTO, ONTARIO--(Marketwire - March 9, 2010) - Onsino Capital Corporation (the "Company") (TSX VENTURE:OS.H) is pleased to announce that it granted an aggregate of 778,500 stock options to directors and officers of the Company at an exercise price of $0.10 per share, with an expiry date 5 years from the date of grant.

There are currently 778,500 common shares reserved for issuance under the Company stock option plan.

The grant of the stock options is subject to NEX approval.

The Company is a NEX listed company and was formerly classified as a Capital Pool Corporation as defined in the TSX Venture Exchange Policy 2.4. The Company's principal business is the identification and evaluation of assets or businesses with a view to completing a Qualifying Transaction within the meaning of Exchange policies. Investors are cautioned that trading in the securities of a capital pool company should be considered highly speculative.

The Company's material documents may be accessed at www.sedar.com.

Shares Outstanding: 7,785,000

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 of this release.

Contact Information

  • Onsino Capital Corporation
    Paul Lin
    Chief Executive Officer