Synodon Inc.
TSX VENTURE : SYD

Synodon Inc.

March 04, 2016 13:40 ET

Synodon Issues Shares to Officers

EDMONTON, ALBERTA--(Marketwired - March 4, 2016) - Synodon Inc. ("Synodon" or the "Company") (TSX VENTURE:SYD) announced that pursuant to agreements signed with Nimal Rodrigo (President) and Deborah Rodrigo (former CFO) respectively, dated May 1, 2015 (the "Agreements") and as announced in a press release dated May 28, 2015, the Company issued 100,000 shares in lieu of cash remuneration for services rendered during the period from February 1, 2016 to February 29, 2016. The shares were issued at a deemed price of $0.05 being the minimum price per share in accordance with the Agreements and the policies of the TSX Venture Exchange.

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.

Contact Information

  • Synodon Inc.
    Paul van Eeden
    Executive Chairman
    780.468.9568