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Covalon Technologies Ltd.: Grant of Options.


MISSISSAUGA, Ontario For the First Nation, see .

Mississauga (pronounced: [ˌmɪsɪˈsɑgə] listen  
 -- On 9 June, 2005, the board of directors of Covalon Technologies Ltd. (TSX TSX Toronto Stock Exchange (TSE before April, 2002)
TSX Transfer from Stack Pointer to Index
TSX True Space Extension
 VENTURE:COV COV Composés Organiques Volatiles (French)
COV Compuestos Orgánicos Volátiles (Spanish: Volatile Organic Compounds)
COV Coefficient of Variation
COV City of Villians (game) 
) granted 445,000 options to purchase common shares to certain of its employees and consultants. No options were awarded to officers or directors at this time. The options have an exercise price of $0.70 per share and expire on the fifth anniversary of the date of grant.

The TSX Venture Exchange TSX Venture Exchange

Originally called the Canadian Venture Exchange (CDNX), this was a result of the merger of the Vancouver and Alberta stock exchanges. The goal of TSX Venture Exchange is to provide venture companies with effective access to capital while protecting investors.
 has not reviewed and does not accept responsibility for the adequacy or accuracy of this release. The TSX Venture Exchange has in no way passed upon the merits of the proposed transaction and has neither approved nor disapproved of the contents of this release.
Covalon Technologies Ltd.
405 Britannia Road East, Suite 106
Mississauga, Ontario
Canada L4Z 3E6



Covalon Technologies Ltd. (TSX VENTURE:COV)
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Publication:Business Wire
Date:Jul 7, 2005
Words:133
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