biOasis Technologies Inc.

biOasis Technologies Inc.

July 19, 2012 18:38 ET

Option Grant-biOasis Technologies Inc.

VANCOUVER, BRITISH COLUMBIA--(Marketwire - July 19, 2012) - biOasis Technologies Inc. (TSX VENTURE:BTI) announces that is has granted options to its officers, employees, consultants and members of the board of directors. A total of 1,647,000 options have been granted in accordance with the approved stock option plan, effective at the close of business on July 19, 2012 at a price of $1.28 per share expiring on July 19, 2017. The options shall vest according to the Company's stock option plan.

On Behalf of the Board of Directors

Rob Hutchison, Chairman & CEO

"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 or accuracy of this release"

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