Mr. Jonathan Lansky reports
LEGEND POWER ANNOUNCES ISSUANCE OF EQUITY INCENTIVES
Legend Power Systems Inc. has approved, subject to acceptance by the TSX Venture Exchange, the grant of 1.85 million incentive stock options to acquire common shares in the capital of Legend Power. Two hundred thousand of the options were granted to an investor relations consultant and the remainder to the directors of the company. The options are non-transferable and are exercisable until Sept. 1, 2028, at 18 cents per option, subject to vesting provisions, with one-sixth vesting six months from the date of grant and one-sixth vesting every six months thereafter.
About Legend Power Systems Inc.
Legend Power provides an intelligent energy management platform that analyzes and improves building energy challenges, significantly impacting asset management and corporate performance. Legend Power's proven solutions support pro-active executive decision-making in a complex and volatile business and energy environment. The proprietary and patented system reduces total energy consumption and power costs, while also maximizing the life of electrical equipment. Legend Power's unique solution is also a key contributor to both corporate sustainability efforts and the meeting of utility energy efficiency targets.
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