BIOREM Announces Election of Directors
Jul 06, 2015, 17:25 ET
GUELPH, ON, July 6, 2015 /CNW/ - BIOREM Inc. (TSXV: BRM) ("Biorem" or "the Company") today announced the election of directors at the annual meeting of shareholders held on June 24, 2015.
At the annual meeting of shareholders held on June 24, 2015 at the Company's headquarters in Guelph, Brian Herner, Robert Nally, Bernardo Llovera and Derek Webb were elected directors of the Company and will hold office until the next annual general shareholders meeting.
The elected directors were each granted 30,000 options in accordance with the Company's stock option plan. The options were granted at an exercise price of $0.30 and have an expiry date of ten years ending June 24, 2025. Subsequent to the grant of these options, the number of shares remaining available for issuance under the plan is 631,079.
About BIOREM Inc.
Biorem is a leading clean technology company that designs, manufactures and distributes a comprehensive line of high-efficiency air emissions control systems used to eliminate odors, volatile organic compounds (VOCs), and hazardous air pollutants (HAPs). With sales and manufacturing offices across the continent, a dedicated research facility, a worldwide sales representative network and more than 900 installed systems worldwide, Biorem offers state-of-the-art technology-based products and peace of mind for municipalities, industrial companies and their surrounding communities. Additional information on Biorem is available on our website at www.biorem.biz.
SOURCE Biorem Inc.
For further information: Derek Webb, Chief Executive Officer, BIOREM Inc., [email protected], Tel: (519) 767-9100
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