BURNABY, BC, June 1, 2015 /CNW/ - Legend Power Systems Inc. (TSX-V: LPS) announces that it has granted a total of 450,000 incentive stock options to employees to purchase:
- 275,000 common shares for a period of 5 years at $0.35 per share, vesting over a period of three years.
- 175,000 common shares for a period of 3 years at $0.35 per share, exercisable for achieving certain sales targets.
About Legend Power Systems Inc.
Legend Power Systems Inc. (www.legendpower.com) is a leading electrical energy conservation company that manufactures and markets a patented device to help commercial and industrial customers achieve significant energy savings through voltage optimization. Legend Power's Electrical Harmonizer helps companies reduce their electricity bills, maintenance costs, and increases the life of electrical equipment, while contributing to a reduction in greenhouse gas emissions.
Neither the TSX Venture Exchange nor the Investment Industry Regulatory Organization of Canada accepts responsibility for the adequacy or accuracy of this release.
SOURCE Legend Power Systems Inc.
For further information: Randy Buchamer, C.E.O. and President, Legend Power Systems Inc., + 1 778 945 1501, [email protected]