(TheNewswire)
Edmonton – TheNewswire - October 25 th , 2022 - Innovotech Inc. (TSXV:IOT) hasgranted 150,000 incentive stock options under its stock option planexercisable at $0.16 per share to 6 directors of the Company in theamount of 25,000 per director. The options are for 5 years andexpire on October 11 th ,2027.
The Company also advises that Dr. Gerard Tertzakian has retired fromthe Board after 20 years as a Director. Gerry was a Founder, formerPresident and CEO, of Innovotech. All of us at Innovotech thank him for his valued service and long commitment to theCompany.
About Innovotech:
Innovotech is a Canadian biotechnology company owningproprietary intellectual property, conducting contract research, andowning and providing proprietary devices for testing in multipleapplications in microbiology. Innovotech can be found online at www.innovotech.ca .
On behalf of the Board of Directors,
Alan Savage,
Director and CFO
Innovotech Inc.
604 220-4935
Neither TSX Venture Exchange nor itsRegulation Services Provider (as that term is defined in the policiesof the TSX Venture Exchange) accepts responsibility for the adequacyor accuracy of this release.
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