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| reWORKS Environmental Corp. Grants Incentive Stock Options |
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Download this press release (PDF 8 KB)
Toronto, Ontario - June 26, 2007 - reWORKS Environmental Corp. (TSXV:REW) announces that it has granted a total of 3,900,000 stock options to its officers, directors and consultants, subject to regulatory approval. Each of the options is exercisable at a price of $0.20 per common share until June 25, 2012 and will vest in three equal instalments over the next two years.
reWORKS Environmental Corp., through its wholly owned subsidiary, reWORKS Inc., manufactures and markets environmentally friendly organic fertilizers and soil supplements. reWORKS has developed, refined and commercialized a green process that uses red wiggler worms to convert organic food waste into high quality worm castings, the prime ingredient in the company's organic fertilizer products. reWORKS is the North American leader in commercializing this indoor process ensuring superior quality control. The major markets for reWORKS' environmentally friendly products include golf courses, lawn care, greenhouses, wineries, nurseries and agriculture. reWORKS Inc. is headquartered in Toronto, Ontario.
For a complete description of the business of reWORKS and other information, please review the documents filed on SEDAR (www.sedar.com).
For further information, please contact:
Donald Green, Chairman and CEO
reWORKS Environmental Corp.
Tel: (905) 634-4191
Email: dmgreen@allstream.net
The TSX Venture Exchange does not accept responsibility for the adequacy or accuracy of this release. |
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