iseemedia Inc
SymbolIEE
Shares Issued52,704,865
Close 2009-11-27C$ 0.20
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iseemedia grants options to buy 1.21 million shares

2009-11-27 16:41 ET - Options Proposed

Mr. David Berman reports

ISEEMEDIA ANNOUNCES ITS UPCOMING ANNUAL GENERAL MEETING AND CORPORATE UPDATE

Iseemedia Inc. will be holding its annual general meeting with shareholders on Monday, Nov. 30, 2009, at the Le Meridian King Edward Hotel, 37 King St. East in Toronto at 4 p.m. EST. The company will be providing a business and financial update at this time and looks forward to its annual interaction with potential new investors and shareholders.

In other corporate news, the company announced the issuance of 1.21 million share purchase options to officers and members of the board of directors of the company. These options granted, as well as additional employee option grants, were done after a year of pay reductions and operational streamlining, in order to create incentives and to retain key personnel. The options have an exercise price of 18 cents, vest over three years and expire on Nov. 17, 2014.

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