Seair Announces Grant of Options Under Stock Option Plan
Wednesday, August 5, 2015 4:51 PM
CALGARY, AB / ACCESSWIRE / August 5, 2015 / Seair Inc. (TSXV: SDS) ("Seair" or the "Corporation") announces that the board has approved the issuance of 3.14 million options to employees, directors and contractors under the corporate stock option plan, subject to TSXV approval. The options will be issued at a strike price equal to $0.17 per share.
About Seair Inc.
The Company is a water technology corporation active at the heart of water-energy nexus that provides proprietary diffusion technology with global applications in several industry sectors such as oil & gas, mining, municipal and industrial wastewater. The Company's proprietary commercialized technology solves critical oil-water separation (de-oiling) challenges cost-effectively by diffusing gases such as oxygen, ozone, nitrogen and carbon dioxide into liquids more effectively and by reducing energy consumption. Seair has been working with customers in the oil and gas industry for over five years. Seair's applications include oil sands SAGD water solutions, frac and produced water treatment, industrial ponds treatment, mine dewatering/treatment, end-to-end sewage treatment for permanent residential communities and remote work camps, golf course irrigation and pond treatment and industrial emissions treatment. Parties interested in obtaining further information or receiving news releases and corporate documents from Seair may email such requests to [email protected] or visit the Seair website at www.seairinc.com
Statement Regarding Forward-Looking Information
This news release of Seair contains statements that constitute "forward-looking statements." Such forward-looking statements involve known and unknown risks, uncertainties and other factors that may cause Seair's actual results, performance or achievements, or developments in the industry to differ materially from the anticipated results, performance or achievements expressed or implied by such forward-looking statements. Forward looking statements are statements that are not historical facts and are generally, but not always, identified by the words "expects," "plans," "anticipates," "believes," "intends," "estimates," "projects," "potential" and similar expressions, or that events or conditions "will," "would," "may," "could" or "should" occur. Forward-looking statements in this document include statements regarding Seair's expectations regarding the regulatory approval of the issuance of Common Shares in satisfaction of interest payable on the Debentures and the timing of the delivery of such Common Shares. There can be no assurance that such statements will prove to be accurate. Actual results and future events could differ materially from those anticipated in such statements, and readers are cautioned not to place undue reliance on these forward-looking statements. Any factor could cause actual results to differ materially from Seair's expectations. Seair undertakes no obligation to update these forward-looking statements in the event that management's beliefs, estimates or opinions, or other factors, should change.
Neither the 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.
Jim Laird, CFO
NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES.
SOURCE: Seair Inc.