Mosaic Technologies Corporation - Granting of incentive stock options

Apr 30, 2001, 01:00 ET from Mosaic Technologies Corporation

    FREDERICTON, NB, April 30 /PRNewswire/ - The Board of Directors of Mosaic
 Technologies Corporation (the "Company") is pleased to announce that pursuant
 to the Company's Stock Option Plan, which has received the approval of the
 Canadian Venture Exchange, the Company has granted a total of 150,000
 incentive stock options to certain employees at an exercise price of $1.15 per
 common share for a period of five years.
     The granting by the Company of the above incentive stock options is
 subject to prior regulatory approval.
 
     On behalf of the Board of Directors
 
 
     -----------------------------------
     RICHARD BUCKINGHAM
     Chairman
 
     The Canadian Venture Exchange has not reviewed and does not accept
 responsibility for the adequacy or accuracy of this News Release. Mosaic
 Technologies Corporation is listed on the Canadian Venture Exchange under the
 symbol "MAC".
 
 

SOURCE Mosaic Technologies Corporation
    FREDERICTON, NB, April 30 /PRNewswire/ - The Board of Directors of Mosaic
 Technologies Corporation (the "Company") is pleased to announce that pursuant
 to the Company's Stock Option Plan, which has received the approval of the
 Canadian Venture Exchange, the Company has granted a total of 150,000
 incentive stock options to certain employees at an exercise price of $1.15 per
 common share for a period of five years.
     The granting by the Company of the above incentive stock options is
 subject to prior regulatory approval.
 
     On behalf of the Board of Directors
 
 
     -----------------------------------
     RICHARD BUCKINGHAM
     Chairman
 
     The Canadian Venture Exchange has not reviewed and does not accept
 responsibility for the adequacy or accuracy of this News Release. Mosaic
 Technologies Corporation is listed on the Canadian Venture Exchange under the
 symbol "MAC".
 
 SOURCE Mosaic Technologies Corporation