Rapid Brands Inc. grants share options

    TORONTO, Oct. 1 /CNW/ - Rapid Brands Inc. (TSX-V:RAP) announces that it
has granted three directors options to purchase 20,000 shares at an exercise
price of $3.00 for a total of 60,000 options and has granted its Chief
Executive Officer options to purchase 10,000 options at an exercise price of
    The grant of the stock options is subject to the approval of the TSX
Venture Exchange.

    Rapid Brands Inc., through its wholly owned subsidiary Rapid Refill
Corp., is a U.S.-based retailer in the multi-billion dollar ink and toner
industry. Rapid Brands Inc. is traded on the Toronto Stock Exchange (TSX)
Venture Exchange under the stock symbol RAP.

For further information:

For further information: Contact: Steve Hockett, President, CEO, Phone:
(952) 238-1000, Email: steve.hockett@rapidrefillink.com

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RAP Acquisition Corp.

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