EDMONTON, March 3 /CNW/ - Synodon Inc. ("Synodon") (TSXV-SYD), announces
the issuance of an aggregate total of 300,000 incentive options ("Options") to
purchase common shares, exercisable at $0.78 per Option. The Options have been
issued pursuant to Synodon's share option plan to its officers and employees
and will vest over a 24 month period.
Synodon Inc. (www.synodon.com) is an Edmonton based technology company
which has developed and demonstrated an advanced natural gas pipeline leak
detection system called realSens(TM), based on correlation spectroscopy
technologies developed under the Canadian Space Program and by Synodon
The TSX Venture Exchange has not reviewed and does not accept
responsibility for the adequacy or accuracy of this release.
For further information:
For further information: Adrian Banica, President and CEO, Synodon Inc.,
Telephone: (780) 468-9568, Email: firstname.lastname@example.org