AUG 31, 2010 - 17:00 ET
EDMONTON, ALBERTA, CANADA--(Marketwire - Aug. 31, 2010) - Ceapro Inc. (TSX VENTURE:CZO) today announced the granting of stock options to its directors, officers and certain employees for a total of 650,000 stock options, each with an exercise price of $0.10. Each grant vests in three equal instalments, the first of which vests immediately with the second and third instalments vesting on the first and second anniversaries of the date of grant. Each option is exercisable, once vested, for a period of five years from the date of grant.