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November 22, 1996
NEWS RELEASE NO. 96-028
Richmond, B. C. -- Mr.James L. Swanson, Chairman, CON-SPACE COMMUNICATIONS LTD., (VSE:CCB) announced today that the company has granted, subject to approval by the regulatory authorities, incentive stock options to its new Director, Mr. Vincent L. Ready, allowing him to purchase 50,000 Common Shares. The options are exercisable on or before October 31, 1998 at a price of $0.65 per share. The average closing price of the company's shares was $0.55 over the preceding 10 days trades.
"We are very pleased to be able to issue these options," said Swanson, concluding, "all of our people have worked very hard at contributing to the growth of our company."
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