Synex International Inc. Announces Audit Committee Appointments and Grant of Options

Vancouver, British Columbia (FSCwire) - Synex International Inc. (the “Company”) announces that, effective November 3, 2017, David K. Plunkett has been appointed to the Audit Committee of the Company. Effective November 6, 2017, E. Lee Rennison has been appointed as Chair of the Audit Committee.

The Company also announces the grant of incentive stock options (each, an “Option”) to purchase up to 150,000 common shares (each, a “Share”) of the Company to directors of the Company, including 50,000 Options to Clifford A. Grandison, 50,000 Options to Mark A. Stephens and 50,000 Options to David K. Plunkett. All of the Options are exercisable at the price of $0.455 per Share until October 15, 2020, subject to earlier termination in accordance with their terms and the terms of the Company’s Stock Option Plan (2010). All of the Options vest on February 6, 2018.

The Company is an experienced hydroelectric developer and consultant in British Columbia.  The Company wholly-owns or has proportionate interests in a net total of 12 MW of operating facilities and 9 MW of construction ready facilities.

            “signed”

______________________________________

Greg Sunell, President

400 – 1444 Alberni Street, Vancouver BC  V6G 2Z4

Phone (604) 688 8271  Ext. 309  Fax (604) 688 1286

E-mail: gsunell@synex.com   Web Site: www.synex.com/

Forward Looking Statements

This press release contains forward-looking statements that involve risks and uncertainties. Forward-looking statements are not based on historical facts, but rather on current expectations and projections about future events, and are therefore subject to change and to risks and uncertainties which could cause actual results to differ materially from the future results expressed or implied by the forward-looking statements. These statements generally can be identified by the use of forward-looking words such as “may”, “should”, “could”, “intend”, “estimate”, “plan”, “anticipate”, “expect”, “believe” or “continue”, or the negative thereof or similar variations. Forward-looking statements are subject to a number of risks and uncertainties, including, but not limited to, changes in economic conditions, financing, risks associated with the construction and operation of hydroelectric facilities, changes in government policies and such other factors beyond the control of the Company. The Company assumes no obligation to update or revise forward-looking information to reflect changes in assumptions, changes in circumstances or any other events affecting such forward-looking information, except as required by applicable law.

To follow Synex International Inc. on your favorite social media platform or financial websites, please click on the icons below.

Maximum News Dissemination by FSCwire. http://www.fscwire.com

Copyright © 2017 Filing Services Canada Inc.