TSX Venture Exchange symbol: IBR
VANCOUVER
,
Oct. 30
/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 900,000 incentive stock options to directors and employees of the Company. The options have an exercise price of
$0.15
per share and will expire on
October 30, 2014
. Shares issued pursuant to this grant will be subject to a four-month trading hold period expiring
February 30, 2010
.
About IBR
Located in North
Vancouver
, BC, IBR is committed to research and development to continue to improve the efficiency of its technology and the quality of Genica branded fertility products and is further committed to developing a world wide marketing capability to ensure market acceptance of the fertility products.
THE TSX VENTURE EXCHANGE DOES NOT ACCEPT RESPONSIBILITY FOR THE ADEQUACY
OR THE ACCURACY OF THIS RELEASE.
For further information: Henry J. Bow, President and CEO, IBR, (604) 924-1023 ext 304, (604) 924-1043 fax, [email protected]; Bob Nowell, CFO and Corporate Secretary, IBR, (604) 924-1023, (604) 924-1043 fax, bnowell(a),ibrcorp.com
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