PGN Pgnx Capital Corporation

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Share Name	Share Symbol	Market	Type
Pgnx Capital Corporation	TSXV:PGN	TSX Venture	Common Stock

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Paragon Pharmacies Limited Announces Stock Option Grants

16/02/2011 12:35am

Marketwired Canada

Paragon Pharmacies Limited (TSX VENTURE:PGN) ("Paragon" or "the Company")
announced the Board of Directors has approved the granting of stock options
under its share option plan to certain officers and employees to acquire up to
an aggregate of 444,828 common shares of Paragon (the "Stock Options"). 


Of those Stock Options 144,828 options shall vest over a period of three (3)
years and the remaining 300,000 options shall vest at various times through
January 2016, all at a price of $0.29 per share. No Stock Option may be
exercised beyond five years from the date of grant. 


Paragon Pharmacies Limited is building a pharmacy with our customers in mind.
Headquartered in Kelowna, BC and employing over 400 staff, Paragon currently
owns and operates 19 retail pharmacies and three central fill pharmacies
throughout British Columbia, Alberta and Manitoba. Paragon is a leading
mid-market pharmacy, providing premier pharmacy services in a friendly,
community-focused environment.