SCOTTSDALE, AZ, Aug. 21, 2014 /CNW/ - RDX Technologies Corporation ("RDX" or the "Company") (TSXV: RDX, OTCQX: RGDEF, FSE: RL7) a water treatment and energy technology company, today announced the board of directors has approved Stock Option Grants of 500,000 share awards to certain officers of the Corporation under the terms of the Share Award Plan of the Corporation approved by shareholders on February 10, 2012 (the "Plan"). The share awards are granted in tandem and may be exercised by the recipient as a stock option or a stock appreciation rights in accordance with the provisions of the Plan. The share awards are subject to vesting provisions as established by the Corporation's Compensation Committee.
ON BEHALF OF THE BOARD OF DIRECTORS
"Dennis M. Danzik"
Dennis M. Danzik, CEO
"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 news release. This news release may contain forward-looking statements. Forward-looking statements address future events and conditions and therefore, involve inherent risks and uncertainties. Actual results may differ materially from those currently anticipated in such statements. Such information is subject to known and unknown risks, uncertainties and other factors that could influence actual results or events and cause actual results or events to differ materially from those stated, anticipated or implied in the forward- looking information. Readers are cautioned not to place undue reliance on forward-looking information, as no assurances can be given as to future results, levels of activity or achievements."
SOURCE: RDX Technologies Corporation
For further information: David Waldman, Crescendo Communications, (212) 671-1021, firstname.lastname@example.org