VANCOUVER, Jan. 27, 2016 /CNW/ - Legend Power Systems Inc. (TSXV: LPS) announces that pursuant to its Stock Option Plan, it has granted incentive stock options to certain employees, directors and consultants to purchase up to an aggregate 1,931,666 common shares in the capital of the Company.
The options are exercisable at a price of $0.25 per share, and will vest over a 3-year period. The options expire on January 26, 2021.
About Legend Power Systems Inc.
Legend Power Systems Inc., "Legend" (www.legendpower.com) markets a proprietary device, the 'Harmonizer' that helps individual buildings reduce energy consumption through the utility-proven concept of Conservation Voltage Reduction, (CVR). Legend provides customers risk free energy savings, improves the value of their physical assets, and enhances their sustainability efforts. As an application with demand side benefits, Legend is also a key contributor toward utility conservation goals. Legend was recognized as the top performing cleantech company on the TSX Venture Exchange in 2015.
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, CEO and President, + 1 778 945 1501, [email protected]