MONTREAL, Feb. 16 /CNW Telbec/ - BV! Media (TSX Venture exchange: BVM) granted yesterday options to buy 2,000,000 common shares of the Corporation at an exercise price of $0.175 to a top manager and insider of the Corporation. Up to half of these options are subject to cancellation before June 30, 2011 if certain financial targets for the corporation are not met for the fiscal year ending December 31, 2010. These options are issued pursuant to the corporation's employee stock option plan and can be exercised until February 14, 2015.
About BV! Media inc.
BV! Media is a leading Canadian Internet advertising network representing exclusively over 400 top-tier publishers with a combined reach of over 16 million unique visitors per month in Canada, and publisher of the BRANCHEZ-VOUS! portal.
BV! Media is listed on the TSX Venture exchange under the symbol BVM and has approximately 60.4 million shares outstanding. Additional information on the Corporation can be obtained on SEDAR and at www.bvmedia.ca
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.
SOURCE BV! MEDIA INC.
For further information: For further information: Media: Patrick Pierra, Co-Chief Executive Officer, (514) 337-9065 ext. 249, firstname.lastname@example.org; Analysts and investors: Tom Vorias, Chief Financial Officer, (514) 337-9065 ext. 223, email@example.com