Pethealth Inc.
TSX VENTURE : PTZ

Pethealth Inc.

April 04, 2006 10:01 ET

Pethealth Inc. Grants Stock Options

OAKVILLE, ONTARIO--(CCNMatthews - April 4, 2006) -

Not for dissemination in the United States of America or to United States news wire services.

Pethealth Inc. ("Pethealth" or "the Company") (TSX VENTURE:PTZ) today announced grants of stock options to certain directors of the Company under the Employee Stock Option Plan previously approved by the TSX Venture Exchange in December 2000. The Board of Directors of Pethealth, at their regularly scheduled meeting, granted such directors of the Company an aggregate of 1,450,000 at an exercise price of $0.09. In accordance with the Company's Employee Stock Option Plan, the options have a term of 10 years and vest over 3 years.

About Pethealth

Pethealth is a leading provider of pet insurance and pet related data management services to the North American companion animal industry. Pethealth offers a unique range of products and services for veterinarians, shelters and pet owners through a number of wholly owned subsidiaries using a range of brand names including PetCare, ShelterCare, CherryBlue, 24PetWatch and PetPoint.

Pethealth is based in Oakville, Ontario. To find out more about Pethealth Inc. (TSX VENTURE:PTZ), visit the web site at www.pethealthinc.com.

Statements contained in this news release, if not historical, are forward-looking statements, which involve risks and uncertainties that could cause actual results to differ materially from the results described in forward-looking statements.

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

Contact Information

  • Pethealth Inc.
    Mark Warren
    President & Chief Executive Officer
    (905) 842-2615
    or
    Pethealth Inc.
    Glen Tennison
    Chief Financial Officer
    (905) 842-2615