Business
Enpar Extends Agreement with Investor Relations Specialists
GUELPH, ON / ACCESSWIRE / March 17, 2016 / ENPAR Technologies Inc. (TSXV: ENP) ("ENPAR" or "...
About this update from Current Water Technologies Inc
[{"type":"text","content":"Enpar Extends Agreement with Investor Relations SpecialistsGUELPH, ON / ACCESSWIRE / March 17, 2016 / ENPAR Technologies Inc. (TSXV: ENP) (\"ENPAR\" or \"the Company\"), announces that it has extended the agreement with the IR Firm Paradox for an additional 2 years.\nENPAR will pay a monthly fee of $6,500CAD (plus applicable taxes). The Board of Directors of the Company will grant to Paradox 800,000 incentive stock options to acquire common shares at an exercise price of CAD 10.125 cents. The options will be vested at six month intervals over a period of eighteen months with an exercise termination date of two years from the date of grant. The grants are subject to acceptance by the TSX Venture Exchange.\nThe Company currently has an outstanding capital of 110,203,919 common shares with 12,925,000 common shares reserved for issuance on the exercise of outstanding stock options.\nAbout ENPAR Technologies Inc.\nENPAR is a \"Technology Company\" applying its patented and proprietary \"Electrochemical Technologies\" to the treatment of waste water, desalination water and drinking water contaminated by metals or nutrients, i.e., nitrate/ammonia associated with the mining, metal processing, chemical, agricultural, municipal and waste management sectors. The common shares trade on Tier ll of the TSX Venture Exchange under the symbol \"ENP\".\nThe TSX Venture Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of this release.\nFOR FURTHER INFORMATION PLEASE CONTACT:\nGene S. Shelp, Ph.D., P.Geo., President and CEO\n70 Southgate Drive, Unit 4\nGuelph, ON CANADA N1G 4P5\nTel: (519) 836-6155\nFax: (519) 836-5683\nE-mail: [email protected]\nWeb Site: www.enpar-tech.com\nA Company Specializing in Environmental Protection and Remediation Technologies\nForward Looking Statements\nThis news release contains forward-looking statements within the meaning of the \"safe harbour\" provisions of the Private Securities Litigation Reform Act of 1995. These forward-looking statements are subject to risks and uncertainties and other factors that may cause ENPAR Technologies Inc. results to differ materially from expectations. These include risks relating to market fluctuations, property performance and other risks. These forward-looking statements speak only as of the date hereof. Certain statements contained in...