 |
 |
       |
 |
||
|
NEWS RELEASE TRANSMITTED BY Marketwire FOR: Pacific Safety Products Inc.TSX VENTURE SYMBOL: PSP Pacific Safety Products Inc. Announces Grant of Stock Options SEP 21, 2006 - 14:18 ETKELOWNA, BRITISH COLUMBIA--(CCNMatthews - Sept. 21, 2006) - Pacific Safety Products Inc. (TSX VENTURE:PSP) ("PSP" or "the Company") announces grant of stock options to Board member. On September 18, 2006, the Board of Directors approved the grant of 50,000 stock options to be part of a compensation program for John Brodie, Chairman of the Independent Directors Committee. The price of the options was set at $0.87 per share. These options will vest on June 30, 2007 or sooner and are dependent on the accomplishment of certain strategic objectives on behalf of the company. OVERVIEW OF THE BUSINESS The mission statement of Pacific Safety Products Inc. is ...we bring everyday heroes home safelyTM. PSP is an established industry leader in the production, distribution and sale of high-performance and high-quality safety products. These products primarily include body armor to protect against ballistic, stab and fragmentation threats. PSP is the largest armor manufacturer in Canada and has significant international customers. The Company also produces tactical clothing and emergency medical kits. Pacific Safety Products is a reporting issuer in British Columbia, Alberta and Ontario, Canada and publicly trades under the symbol PSP on the TSX Venture Exchange. The TSX Venture Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of this release. FOR FURTHER INFORMATION PLEASE CONTACT: Pacific Safety Products Inc. David Scott Chief Executive Officer (250) 491-0911 or Toll Free: 1-888-PSP-ARMR (1-888-777-2767) (250) 491-0930 (FAX) dscott@pacsafety.com www.pacsafety.com |
|
|
||
| Copyright © 2004 Pacific Safety Products Inc. All rights reserved. | ||
