CHARTER REALTY HOLDINGS LTD.
TSX VENTURE : CRH.P

CHARTER REALTY HOLDINGS LTD.

February 26, 2007 16:53 ET

Charter Realty Holdings Ltd. (TSX-V:CRH.P) Grants Options

TORONTO, ONTARIO--(CCNMatthews - Feb. 26, 2007) - Charter Realty Holdings Ltd. (TSX VENTURE:CRH.P) has granted an aggregate of 1,000,000 incentive stock options (the "Options") to certain of its directors, officers and employees. The Options shall vest in equal proportions on each of the following three dates: February 26, 2007, February 26, 2008 and February 26, 2008. Upon vesting each Option shall entitle the holder thereof to purchase one common share of Charter Realty Holdings Inc. at a price of $0.20 until February 26, 2012.

Charter Realty Holdings Ltd.

Charter Realty Holdings Inc. owns three commercial real estate properties located in Exeter, Seaforth, and Zurich, Ontario. The Company will continue to actively pursue acquisition of additional commercial real estate properties with a view to grow the Company's portfolio of properties.



The Exchange Tower
130 King Street West
Suite 2805, P.O. Box 104
Toronto, Ontario M5X 1A4

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

Contact Information

  • Charter Realty Holdings Ltd.
    Ari Silverberg
    Chief Operating Officer
    (416) 861-8729, Ext. 520
    (416) 364-2398 (FAX)