BURNABY, BC, Feb. 28 /CNW/ - Legend Power Systems Inc. (the "Company")
(TSXV: LPS), announces that it has granted, subject to TSX approval,
incentive share options ("Options") to purchase up to 250,000 common
shares in the capital of the Company ("Shares") to Peter Hwang, an
Ontario based business development consultant to the Company. The
Options vest over a three year period, are subject to the terms of the
Company's stock option plan, and are exercisable at a price of $0.21
per Share on or before February 27, 2016.
About Legend Power Systems Inc.
Legend Power Systems Inc. (www.legendpower.com) is a leading electrical energy conservation company that manufactures
and markets a voltage optimization solution to help commercial and
industrial customers to reduce electrical energy consumption and costs.
Legend Power's Electrical Harmonizer-AVR helps companies reduce their
electricity bills, maintenance costs, and increases the life of
electrical equipment, while contributing to a reduction in green house
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.
SOURCE Legend Power Systems Inc.
For further information:
|Randy Buchamer, President and COO ||Legend Power Systems Inc.|
|LEGEND POWER SYSTEMS INC. ||8618 Commerce Court|
|778-945.1501 ||Burnaby, BC V5A 4N6|
| ||+1 604 420 1500|