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Lapse of Options

Vantex Modifies Stock Option Plan

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August 31, 2012 17:00 ET

Vantex Modifies Stock Option Plan

LA PRAIRIE, QUEBEC--(Marketwire - Aug. 31, 2012) - Vantex (TSX VENTURE:VAX) (FRANKFURT:UD7A) (ALPHA:VAX) board of directors approved a modification to the Company's Stock Option Plan. Under the new stock option plan, departing employees, officers and directors will be allowed to keep their stock options for a period of 12 months before they expire. As for departing consultants, the board of directors will determine when the stock options expire. The previous expiration delay was 30 days following departure. This modification is subject to the approval of the TSX Venture Exchange.

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.