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| Wednesday March 10, 2010 | ||
VRX Worldwide Announces Grant of OptionsVancouver, B.C. (March 10, 2010) - VRX Worldwide Inc. (TSX-V: VRW) announced today that it has issued 600,000 stock options to the directors of the Company. The stock options are being offered in conformance with TSX Venture Exchange regulations as incentive compensation and have a term of five years and an exercise price of $0.155 per share. Following the issuance of these options, VRX has outstanding 34,626,145 common shares and 3,035,000 incentive stock options. The Company's Stock Option Plan allows the Board to issue the equivalent of up to 10% of the issued and outstanding share capital of the Company on a rolling basis and was approved at the Company's last Annual General Meeting held on June 10, 2009. | ||