FOR: ONDINE BIOPHARMA CORPORATION
TSX, AIM SYMBOL: OBP
April 13, 2010
Ondine Biopharma Corporation: AIM Notification
VANCOUVER, BRITISH COLUMBIA--(Marketwire - April 13, 2010) - Ondine Biopharma Corporation (TSX:OBP)(AIM:OBP)
("Ondine" or the "Company") today announces the following transaction by a Director of the Company:
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Name Merrill Biel
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Relationship to the Company Director
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Date the transaction was reported to the Company April 9, 2010
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Nature of the transaction Options issued which
entitle the holder to
purchase common shares
under the Company's
stock option plan
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Grant date April 9, 2010
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Expiry date April 9, 2015
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Number of options issued 200,000
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Exercise price per option, each option
is exercisable into one common share Cdn. $0.075
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Price per security issued in this transaction Nil
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Nature and extent of the above's interest 100% direct
in the transaction ownership interest
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Close period No
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Additional information The options vest in stages
during the first year
after the date of grant
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/T/
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FOR FURTHER INFORMATION PLEASE CONTACT:
Ondine Biopharma Corporation
Carolyn Cross
Chairman and CEO
(604) 669-0555
[email protected]
www.ondinebiopharma.com
OR
Canaccord Adams Ltd.
Ryan Gaffney
Nominated Adviser
+4420 7050 6500
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Ondine Biopharma Corporation