GUELPH, ON, July 28 /CNW/ - ENPAR Technologies Inc. ("ENPAR" or "the Company") announces that the Board of Directors has authorized grants of a total of six hundred thousand (600,000) stock options to two (2) consultants and five (5) employees of the Company. The options are exercisable at a price of twenty cents ($0.20) per common share for a period of up to five years from the date of grant. The grants are subject to acceptance by the TSX Venture Exchange.
The TSX Venture Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of this release.
ENPAR is a "Technology Company" applying its patented and proprietary "Electrochemical Technologies" to the treatment of water used in the mining, metal processing, chemical, agricultural, municipal and waste management sectors. The Company's common shares trade on Tier ll of the TSX Venture Exchange under the symbol "ENP".
This news release contains forward-looking statements within the meaning of the "safe harbour" provisions of the Private Securities Litigation Reform Act of 1995. These forward-looking statements are subject to risks and uncertainties and other factors that may cause ENPAR Technologies Inc. results to differ materially from expectations. These include risks relating to market fluctuations, property performance and other risks. These forward-looking statements speak only as of the date hereof.
SOURCE ENPAR TECHNOLOGIES INC.
For further information: For further information: Gene S. Shelp, Ph.D., P.Geo., President and CEO, Tel: 519.836.6155, Fax: 519.836.5683, E-mail: email@example.com, Web Site: www.enpar-tech.com