VANCOUVER, Jan. 27, 2016 /CNW/ - Legend Power Systems Inc.
(TSXV: LPS) announces that pursuant to its Stock Option Plan, it
has granted incentive stock options to certain employees, directors
and consultants to purchase up to an aggregate 1,931,666 common
shares in the capital of the Company.
The options are exercisable at a price of $0.25 per share, and will vest over a 3-year
period. The options expire on January 26,
2021.
About Legend Power Systems Inc.
Legend Power Systems Inc., "Legend" (www.legendpower.com)
markets a proprietary device, the 'Harmonizer' that helps
individual buildings reduce energy consumption through the
utility-proven concept of Conservation Voltage Reduction, (CVR).
Legend provides customers risk free energy savings, improves the
value of their physical assets, and enhances their sustainability
efforts. As an application with demand side benefits, Legend is
also a key contributor toward utility conservation goals. Legend
was recognized as the top performing cleantech company on the TSX
Venture Exchange in 2015.
Neither the TSX Venture Exchange nor the
Investment Industry Regulatory Organization of Canada accepts
responsibility for the adequacy or accuracy of this
release.
SOURCE Legend Power Systems Inc.