BTB Real Estate Investment Trust
TSX VENTURE : BTB.UN

BTB Real Estate Investment Trust

April 02, 2007 10:21 ET

BTB Real Estate Investment Trust: Grant of Options to Purchase Units to an Officer

MONTREAL, QUEBEC--(CCNMatthews - April 2, 2007) - The trustees of BTB Real Estate Investment Trust (TSX VENTURE:BTB.UN)("BTB REIT"), announced today the grant of options to purchase 100,000 units of BTB REIT to Mr. Benoit Cyr, Chief Financial Officer of BTB REIT.

These options will expire on April 1, 2012 and their exercise price is $2.65 per unit. Subject to additional conditions, 25% of those options will vest each year starting on April 1, 2008.

The TSX Venture Exchange does not accept responsibility for the adequacy or accuracy of this press release.

Contact Information

  • BTB Real Estate Investment Trust
    Mr. Michel Leonard
    President and Chief Executive Officer
    514-866-1990, ext. 236