Environmental Waste International Inc.
TSX VENTURE : EWS

Environmental Waste International Inc.

August 27, 2015 11:28 ET

Environmental Waste International Stock Option Actions

AJAX, ONTARIO--(Marketwired - Aug. 27, 2015) - Environmental Waste International Inc. ("EWS") (TSX VENTURE:EWS) (the "Company"), a company specializing in eco-friendly systems with proven patented technology for the breakdown of organic materials, today announced that it has issued 750,000 stock options to the Board of Directors (200,000 to Bob MacBean, 350,000 to Valdis Martinsons and 100,000 each to Sam Geist and Emanuel Gerard) all with an exercise price of $0.10 per share. Employees were issued 625,000 options with an exercise price of $0.10 per share. All options vest over 3 years and expire on August 25, 2020.

The company also announced that it had cancelled 525,000 stock options with an exercise price of $0.37 that would have expired on June 16, 2016. Of these, 350,000 were held by members of the Board of Directors (100,000 each by Sam Geist and Emanuel Gerard, and 150,000 by Valdis Martinsons).

About Environmental Waste International Inc.

Environmental Waste International, Inc. specializes in eco-friendly systems for the breakdown of organic materials, including tires. EWS has spent over 15 years engineering systems that integrate the EWS patented Reverse Polymerization™ process and proprietary microwave delivery system. EWS's unique microwave technology safely processes and recycles waste tires, while creating a highly valuable commodity output for industry, including carbon black, oil and steel. Each unit is designed to be energy efficient and where possible, create an economically positive model for the recovery of various hydrocarbon oil and gases. For more information please visit, www.ewi.ca.

Forward-Looking Statements

This news release includes certain forward-looking statements that are based upon current expectations, which involve risks and uncertainties associated with the Company's business and the environment in which the business operates. Any statements contained herein that are not statements of historical facts may be deemed to be forward-looking, including those identified by the expressions "anticipate", "believe", "plan", "estimate", "expect", "intend", and similar expressions to the extent they relate to the Company or its management. The forward-looking statements are not historical facts, but reflect the Company's current expectations regarding future results or events. These forward-looking statements are subject to a number of risks and uncertainties that could cause actual results or events to differ materially from current expectations, including the matters discussed under "Risks and Uncertainties" in the Company's most recent Management Discussion & Analysis, which can be found on the Company's profile at www.sedar.com. The Company assumes no obligation to update the forward-looking statements, or to update the reasons why actual results could differ from those reflected in the forward-looking statements.

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.

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