WINNIPEG, MANITOBA -- (MARKET WIRE) -- April 25, 2007 -- DiaMedica Inc. (TSX VENTURE: DMA) announces that it has granted an aggregate of 203,000 incentive stock options to certain officers and directors of the Company at an exercise price of $1.48 per common share. The options are set to expire five years from the date of grant and are subject to the approval of the TSX Venture Exchange.