Canasia Industries names Golding CFO, grants options

Canasia Industries Corp (C:CAJ)
Shares Issued 49,459,841
Last Close 6/16/2008 $0.42
Tuesday June 17 2008 - News Release

Mr. Graeme Sewell reports

Canasia Industries Corp. has appointed Charles Golding, BBA, MBA, CA, CPA, CMA, as chief financial officer. Mr. Golding obtained a BBA (specializing in accounting) from Wichita State University, Wichita, Kan., in 1980 and an MBA (specializing in finance) from Golden Gate University, San Francisco, Calif., in 1986. He is a chartered accountant in British Columbia, a certified public accountant in Washington state, and a certified management accountant. Mr. Golding has worked as a controller and chief accountant for a number of publicly listed companies over the past six years, during which time he has both drafted and overseen the preparation of financial statements and worked with independent auditors to ensure timely and accurate financial disclosures.

Canasia has granted, pursuant to its 2008 rolling stock option plan, up to 2.6 million incentive stock options to its directors, officers, and consultants at an exercise price of 30 cents per share for two years. These shares are subject to a hold period expiring Oct. 18, 2008.