Synodon Issues Stock Incentive Options
03 December 2013 - 9:12AM
Marketwired
Synodon Issues Stock Incentive Options
EDMONTON, ALBERTA--(Marketwired - Dec 2, 2013) - Synodon Inc.
("Synodon") (TSX-VENTURE:SYD), announces that it has issued
1,350,000 incentive options ("Options") of which 1,100,000 were
issued to Directors and Officers of the Corporation, to purchase
common shares, exercisable at $0.165 per Option. The Options have
been issued pursuant to Synodon's Share Option Plan and 50% vest
immediately while the remaining 50% vest on November 26, 2014.
These, in part, replace the 300,000 options granted to Officers of
the Corporation that expired during the year.
Synodon Inc. (www.synodon.com) is a technology company which has
developed an advanced airborne remote gas sensing system called
realSens™, based on technologies developed under the Canadian Space
Program and by Synodon scientists. The company currently provides
advanced airborne pipeline integrity management services to the oil
and gas sector through a suite of services including natural gas
and liquid hydrocarbon leak detection, pipeline threat assessments,
and waterway crossings analysis among others.
Neither TSX
Venture Exchange nor its Regulation Services Provider (as that term
is defined in the policies of the TSX Venture Exchange) accepts
responsibility for the adequacy or accuracy of this
release.
Synodon Inc.Adrian BanicaPresident &
CEO780.468.9568investors@synodon.comwww.synodon.com
Synodon Inc. (TSXV:SYD)
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