Legend Power grants stock options, announces changes in the board of directors and adopts an advance notice policy

About this update from Legend Power Systems Inc.

[{"type":"text","content":"\n\n\nBURNABY, BC, May 22, 2013 /CNW/ - Legend Power Systems Inc. (TSX.V: LPS) (\"Legend Power\" or the \"Company\")\n announces that:\n\n\nIt has granted incentive stock options (the \"Options\") to purchase up to\n 2,575,000 common shares for a period of 5 years at $0.10 per share. The\n Options vest over a 3-year period.\n\nAt the Company's last AGM held on April 11, 2013, Jan Carr did not seek\n re-election as director. Following the AGM, Michael Atkinson was\n appointed Chairman of the Board and Randy Buchamer was appointed\n President & CEO.\n\nThe Board of Directors of the Company has adopted an Advance Notice\n Policy which sets out notice requirements for appointment of new\n directors. A copy of the policy has been filed on SEDAR.\n\n\nAbout Legend Power Systems Inc. \n\n\nLegend Power Systems Inc. (www.legendpower.com) is a leading electrical energy conservation company that manufactures\n and markets a patented device to help commercial and industrial\n customers achieve significant energy savings through voltage\n optimization. Legend Power's Electrical Harmonizer-AVR helps companies\n reduce their electricity bills, maintenance costs, and increases the\n life of electrical equipment, while contributing to a reduction in\n greenhouse gas emissions.\n\n\n\n\n\nNeither the TSX Venture Exchange nor the Investment Industry Regulatory\n Organization of Canada accepts responsibility for the adequacy or accuracy of this release.\n\nSOURCE: Legend Power Systems Inc.\n\n\n Randy Buchamer, President & CEO Legend Power Systems Inc. + 1 778 945 [email protected] Copyright CNW Group 2013","length":2385,"tagName":"div"}]

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