BTB Real Estate Investment Trust: Grant of Options to Purchase Units to an Officer

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From the Wires

BTB Real Estate Investment Trust: Grant of Options to Purchase Units to an Officer

By: Marketwire .

Apr. 2, 2007 02:21 PM

MONTREAL, QUEBEC -- (MARKET WIRE) -- 04/02/07 -- The trustees of BTB Real Estate Investment Trust (TSX VENTURE: BTB.UN)("BTB REIT"), announced today the grant of options to purchase 100,000 units of BTB REIT to Mr. Benoit Cyr, Chief Financial Officer of BTB REIT.

These options will expire on April 1, 2012 and their exercise price is $2.65 per unit. Subject to additional conditions, 25% of those options will vest each year starting on April 1, 2008.

The TSX Venture Exchange does not accept responsibility for the adequacy or accuracy of this press release.

Contacts:
BTB Real Estate Investment Trust
Mr. Michel Leonard
President and Chief Executive Officer
514-866-1990, ext. 236

Published Apr. 2, 2007
Copyright © 2007 SYS-CON Media, Inc. — All Rights Reserved.
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