Gemoscan Canada, Inc.

Gemoscan Canada, Inc.

October 05, 2011 17:41 ET

Gemoscan Canada, Inc. Announces Grants of Stock Options

TORONTO, ONTARIO--(Marketwire - Oct. 5, 2011) - Gemoscan Canada, Inc. ("Gemoscan" or the "Corporation") (CNSX:GES) announces, subject to regulatory approval, the Board of Directors has approved, effective October 5, 2011, the grant of an aggregate of 500,000 stock options (the "Options") to directors, officers and employees of the Corporation. The Options are exercisable into Class A shares of Gemoscan at an exercise price of $0.37 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