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.
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