Concert Industries: Stock Options.VANCOUVER Vancouver, city, Canada Vancouver, city (1991 pop. 471,844), SW British Columbia, Canada, on Burrard Inlet of the Strait of Georgia, opposite Vancouver Island and just N of the Wash. border. , British Columbia--(BUSINESS WIRE)--March 3, 1997-- CONCERT INDUSTRIES (ME:CNG CNG Compressed Natural Gas CNG Calling (Tone) CNG Comfort Noise Generation CNG Cryptography Next Generation (Microsoft Windows Vista) CNG Centre National de Génotypage .) Concert Industries Inc. (the "Company") announces the grant of incentive stock options to certain directors and employees of the Company and/or its subsidiary, pursuant to the Company's Stock Option Plan for the purchase of a total of 235,000 common shares at an exercise price of $1.90 per share for a term of three (3) years, expiring ex·pire v. ex·pired, ex·pir·ing, ex·pires v.intr. 1. To come to an end; terminate: My membership in the club has expired. 2. March 3, 2000. The foregoing stock options are subject to regulatory and, in some cases, shareholder approvals. -0- NOTE TO EDITORS: The Montreal Exchange Montreal Exchange A Canadian derivatives exchange that facilitates the trading of stock options, interest rate futures and options, as well as index options and futures. Located in Montreal, Quebec, it is the country's main financial derivative market, while the Winnipeg has not reviewed and does not accept responsibility for the adequacy or accuracy of this release. CONTACT: Concert Industries Inc., Vancouver Dieter Peter, 604/681-1008 E-mail: inrel@air-laid.com |
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