Synodon Issues Shares to Officers
EDMONTON, ALBERTA--(Marketwired - Nov. 2, 2015) - Synodon Inc. ("Synodon" or the "Company") (TSX VENTURE:SYD) announced that pursuant to agreements signed with Nimal Rodrigo (COO) and Deborah Rodrigo (CFO) respectively, dated May 1, 2015 and as announced in a press release dated May 28, 2015, the Company issued 84,337 shares in lieu of cash remuneration for services rendered during the period from October 1, 2015 to October 31, 2015. The shares were issued at a deemed price of $0.0593 being the average of the closing price of the shares on the TSX Venture Exchange for the trading days in the month of October, 2015.
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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Paul van Eeden