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Biotech / Medical : Nortran Pharmaceutical -NRT.V -- Ignore unavailable to you. Want to Upgrade?


To: Michael M. Cubrilo who wrote (488)4/28/1998 7:52:00 PM
From: RBMac  Read Replies (1) | Respond to of 1185
 
I hope this wasn't the news the market was anticipating or we are for another boxing day sale.

Nortran Pharmaceuticals Inc. Announces Granting Of Incentive Stock Options
To Employee

Nortran Pharmaceuticals Inc. (VSE:NRT, NASD BB:NTRDF) announces the granting of incentive
stock options, which, subject to VSE approval, will entitle an employee of the Company to purchase
an aggregate of 150,000 common shares of the Company and are exercisable for 5 year period at a
price of $2.37 per share.

Nortran Pharmaceuticals Inc. is a drug discovery company focusing of pathology targeted small
molecules. Nortran's current drugs in development target the ion channels responsible for
life-threatening arrhythmias of the heart and for intractable pain.

ON BEHALF OF THE BOARD

''Bob Rieder''
--------------
Robert W. Rieder
Chief Executive Officer

THE VANCOUVER STOCK EXCHANGE HAS NOT REVIEWED AND DOES NOT ACCEPT
RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS NEWS RELEASE.