MONTREAL, April 25 /CNW Telbec/ - Spinlogic Technologies Inc.
("Spinlogic") (TSX Venture Exchange: SLO) announced today that its board of
directors authorized the granting of 2,500,000 stock options to its directors
and certain of its officers, pursuant to Spinlogic's stock option plan.
Each stock option granted entitles its holder to subscribe for one
Spinlogic common share at a price of $0.1125 per share until April 25, 2012,
in compliance with the provisions of its stock option plan. These stock
options vest in three (3) equal shares over a period of three (3) years with
the first one-third (1/3) vesting on the first anniversary of the date of
grant of the options.
The TSX Venture Exchange does not accept responsibility for the adequacy
or accuracy of this release.
For further information:
For further information: Paulin Lessard, Executive Vice-President and
Director, Spinlogic Technologies Inc., (514) 777-3836