MISSISSAUGA, ONTARIO--(Marketwire - March 31, 2008) - On March 31, 2008, the board of directors of Covalon Technologies Ltd. (“Covalon” or the “Company) (TSX VENTURE: COV) granted 635,000 options to purchase common shares to certain of its directors and officers. The options have an exercise price of $2.79 per share, vest over a period of three years and expire on the fifth anniversary of the date of grant.
