CALGARY, Dec. 3, 2015 /CNW/ - MATRRIX Energy Technologies Inc. ("MATRRIX" or the "Corporation") (TSX-V: MXX) announces that it has granted an aggregate of 800,000 stock options (the "Options") to certain directors, officers and employees of the Corporation pursuant to the Corporation's incentive stock option plan, at an exercise price of $0.12 per share. All Options carry a five year term and are subject to vesting as to one quarter on the day of the grant and one quarter on each of the first, second and third anniversaries of the date of the grant. The grant of Options is subject to applicable stock exchange and regulatory approvals.
Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
SOURCE MATRRIX Energy Technologies Inc.
For further information: Richard Ryan, President & Chief Executive Officer, MATRRIX Energy Technologies Inc., Tel: (403) 984-5062