Botaneco Announces Stock Option Grants
April 02 2012 - 3:54AM
PR Newswire (Canada)
QUEBEC CITY, April 3, 2012 /CNW/ - Botaneco Corp. ("Botaneco" or
the "Company") , a health science company focused on natural
ingredients in the personal care industry, announces that it has
granted today a total of 1,175,000 stock options to management and
employees. A number of 650,000 stock options were granted to
management while 525,000 stock options were granted to employees.
Each stock option allows the holder thereof to acquire one common
share of Botaneco until April 3, 2017 for a price of $0.10 per
share. The options are governed by the stock option plan of the
Company and will vest in three equal yearly instalments on the
first, second and third anniversary of their date of grant. About
Botaneco Corp. Botaneco Corp. specializes in personal care, food
and nutraceutical ingredients. We are committed to developing
groundbreaking ingredients based on our patented technologies, and
offering multifunctional, tangible and documented benefits to
formulators and consumers alike. Botaneco is a global
developer and marketer of innovative technologies that help
manufacturers meet the consumers growing demand for natural,
environmentally friendly, personal healthcare products. A
competitive advantage to Botaneco's patented technology over
traditional products in the 'green sector' is the ability to
significantly enhance the performance and versatility of these skin
and hair care products. The company has also been awarded the
Canadian Agri-Food Award of Excellence for its flaxseed technology
marketed in the natural food industry. Botaneco holds patents
for its Hydresia® Oleosome, Vegelatum® Gel, Dermylex® Whey Protein
and Flaxseed De-hulling technology. Neither TSX Venture Exchange
nor its Regulation Services Provider (as that term is defined in
the policies of the TSX Venture Exchange) accepts responsibility
for the adequacy or accuracy of this release. Botaneco Corp.
CONTACT: Murray BruceCFOBotaneco Corp.(403)
668-4612brucem@botaneco.ca Kevin Richardson, PhDPresident & CEO
Newplanet Inc(204) 899-3868Kevin@newplanetinc.ca
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