EDMONTON, ALBERTA, CANADA--(Marketwire - September 02, 2008) - Ceapro Inc. (TSX VENTURE: CZO) today announced the granting of stock options, effective August 30, 2008, to all employees for a total of 880,000 stock options with an exercise price of $0.12. Each grant vests in three equal instalments: the first vests immediately and the second and third instalments vest on the first and second anniversaries of the date of grant. Each option is exercisable, once vested, for a period of five years from the date of grant.
