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Audiotech Healthcare Corporation has concluded an officer's stock option agreement with its corporate secretary, Darlene Iadarola, on June 10, 2002, entitling her to purchase up to 200,000 shares of the company over a term of five years at a price of 28 cents per share.
The stock option agreement is subject to the acceptance of the TSX Venture Exchange. If that acceptance is given, the company anticipates, based upon the pertinent policies of the TSX Venture Exchange, that there will be a four-month hold period imposed upon the resale of any shares acquired upon exercise of the officer's stock option.
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