TSX Venture Exchange symbol: IBR
VANCOUVER, July 25 /CNW/ - International Bio Recovery Corporation ("IBR")
(TSX-V: IBR) an environmental biotech company with a proprietary technology to
convert organic waste into environmentally progressive soil fertility
products, today announced that it has granted 2,475,000 incentive stock
options to directors, employees and consultants of the Company. The options
have an exercise price of $0.15 per share and will expire on July 25, 2013.
Shares issued pursuant to this grant will be subject to a four-month trading
hold period expiring November 24, 2008. On July 12, 2008, 1,880,000 incentive
stock options had expired.
Located in North Vancouver, BC, IBR markets its technology products
through the sale of licenses. The Company's current and medium term focus is
to further develop its marketing capacity to enhance technology license sales.
The Company is committed to research and development to continue to improve
the efficiency of its technology and the quality of Genica branded fertility
products. It is further committed to developing a world wide marketing
capability to ensure market acceptance the fertility products.
THE TSX VENTURE EXCHANGE DOES NOT ACCEPT RESPONSIBILITY FOR THE ADEQUACY
OR THE ACCURACY OF THIS RELEASE.
For further information:
For further information: Henry J. Bow, President and CEO, IBR, (604)
924-1023 ext 304, (604) 924-1043 fax, firstname.lastname@example.org; Bob Nowell, CFO and
Corporate Secretary, IBR, (604) 924-1023, (604) 924-1043 fax,