Business
ENPAR Technologies Inc. - Repricing of stock options
ENPAR Technologies Inc. - Repricing of stock options
About this update from Current Water Technologies Inc
[{"type":"text","content":"\n\n\n\n May 5, 2010 (Canada NewsWire Group) -- ENPAR Technologies Inc. ("ENPAR" or "the Company") (TSX-V: ENP) announces the repricing of stock options. Subject to the approval of the TSX Venture Exchange (the "TSX-V"), outstanding stock options for the purchase of an aggregate of 2,506,665 common shares of the Company having exercise prices between $0.40 and $0.46 per share and expiry dates in 2012 or 2013 have been repriced to the exercise price of $0.20 per share. Pursuant to the policies of the TSX-V, all repriced options will be subject to disinterested Shareholder approval at the Company's 2009 Annual General Meeting of Shareholders (the "Shareholders' Meeting") scheduled for June 4, 2010. None of the repriced options may be exercised at the amended exercise price pending TSX-V acceptance of the stock option repricing.\n\nENPAR is a "Technology Company" applying its patented and proprietary "Electrochemical Technologies" to the treatment of water used in the mining, metal processing, chemical, agricultural, municipal and waste management sectors. The Company's common shares trade on Tier ll of the TSX Venture Exchange under the symbol "ENP".\n\n\n >\n\n\n\n\n","length":2306,"tagName":"div"}]