SCOTTSDALE, AZ, June 2 /CNW/ - Zaio Corporation ("Zaio") announced today
that the Board of Directors have approved the issue of 75,000 share options
(the "Options") to an officer of Zaio at an exercise price of $1.20 per share.
The Options have a five year term and vest 1/3 immediately, 1/3 on the first
anniversary of the date of the grant and the remaining 1/3 on the second
anniversary of the date of the grant.
Zaio is a company listed and trading on the TSX Venture Exchange, symbol:
THE TSX VENTURE EXCHANGE DOES NOT ACCEPT RESPONSIBILITY FOR THE ADEQUACY
OR ACCURACY OF THIS RELEASE.
For further information:
For further information: Susan L. Koch, Vice-President, Finance, Zaio
Corporation (www.zaio.com), Telephone No. (403) 806-3739