Synodon Inc.

TSX VENTURE : SYD


Synodon Inc.

December 02, 2013 17:12 ET

Synodon Issues Stock Incentive Options

EDMONTON, ALBERTA--(Marketwired - Dec. 2, 2013) - Synodon Inc. ("Synodon") (TSX VENTURE:SYD), announces that it has issued 1,350,000 incentive options ("Options") of which 1,100,000 were issued to Directors and Officers of the Corporation, to purchase common shares, exercisable at $0.165 per Option. The Options have been issued pursuant to Synodon's Share Option Plan and 50% vest immediately while the remaining 50% vest on November 26, 2014. These, in part, replace the 300,000 options granted to Officers of the Corporation that expired during the year.

Synodon Inc. (www.synodon.com) is a technology company which has developed an advanced airborne remote gas sensing system called realSens™, based on technologies developed under the Canadian Space Program and by Synodon scientists. The company currently provides advanced airborne pipeline integrity management services to the oil and gas sector through a suite of services including natural gas and liquid hydrocarbon leak detection, pipeline threat assessments, and waterway crossings analysis among others.

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.

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