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Mr. Osvaldo Iadarola reports
The company has granted to Darryl Walker, an employee stock option agreement entitling him to purchase up to 50,000 shares of the company at a price of 35 cents per share over a term of five years. The stock option agreement is subject to the acceptance of the Canadian Venture Exchange. The shareholders of the company, at its annual general meeting held March 28, 2000, ratified the granting of further directors', officers' and employees' stock options in conformity with the policies of the Canadian Venture Exchange.
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