Gemoscan Canada, Inc.

Gemoscan Canada, Inc.

November 18, 2010 09:20 ET

Gemoscan Canada, Inc. Announces Grants of Stock Options

TORONTO, ONTARIO--(Marketwire - Nov. 18, 2010) - Gemoscan Canada, Inc. ("Gemoscan" or the "Corporation") (CNSX:GES) announces, subject to regulatory approval, the Board of Directors has approved, effective November 16, 2010, the grant of an aggregate of 1,725,000 stock options (the "Options") to directors, officers, employees and consultants of the Corporation. The Options are exercisable into common shares of Gemoscan at exercise prices varying from $0.25 to $0.35 per share. The Options all vest immediately and have a five year term to expiry.

Gemoscan is a company listed and trading on the Canadian National Stock Exchange, symbol: GES.

Neither the CNSX nor its regulation services provider accepts responsibility for the adequacy or accuracy of this news release.

Contact Information

  • Gemoscan Canada, Inc.
    Brian Kalish
    Director, President and Chief Executive Officer
    (416) 650-1200