Kelso Technologies Inc.: Grant of Options
(firmenpresse) - VANCOUVER, BRITISH COLUMBIA and LISLE, ILLINOIS -- (Marketwired) -- 08/12/13 -- Kelso Technologies Inc. (the "Company" or "Kelso") (TSX VENTURE: KLS) (OTCQX: KEOSF) reports that it has granted an aggregate of 870,000 stock options to executive officers, independent directors and management of the Company. Each option is exercisable at $1.45 per common share. The options vest immediately and are exercisable at any time until March 31, 2017.
The options have been awarded to eight individuals who comprise the core management team of the Company. They extend current management agreements from March 2014 to March 2017 at existing rates of compensation. The grant of options provides the Company continuity of management with cost certainty for the foreseeable future.
About Kelso Technologies
Kelso is a railroad equipment supplier that produces and sells proprietary tank car service equipment used in the safe loading, unloading and containment of hazardous materials during transport. Products are specifically designed to provide economic and operational advantages while reducing the potential effects of human error and environmental harm during the transport of hazardous materials.
For a more complete business and financial profile of the Company, the financials statements and management discussion and analysis can be viewed in their entirety on the Company's website at or .
On behalf of the Board of Directors,
James R. Bond, CEO and President
Legal Notice Regarding Forward-Looking Statements: This news release contains "forward-looking statements" within the meaning of applicable Canadian securities legislation. Forward-looking statements are indicated expectations or intentions. Forward-looking statements in this news release include that the grant of options provides continuity of management with cost certainty for the foreseeable future. Kelso is reliant on certain key employees who may leave the Company and we may be unable to protect or defend our intellectual property and business model. Investors are cautioned against placing undue reliance on forward-looking statements. We assume no responsibility to update these forward looking statements except to the extent required by law.
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.
Contacts:
Kelso Technologies Inc.
James R. Bond
CEO and President
250-764-3618
Kelso Technologies Inc.
Richard Lee
Chief Financial Officer
604-590-1525
Kelso Technologies Inc.
7773 - 118A Street
North Delta, BC, V4C 6V1
Themen in dieser Pressemitteilung:
Unternehmensinformation / Kurzprofil:
Datum: 12.08.2013 - 10:26 Uhr
Sprache: Deutsch
News-ID 1253781
Anzahl Zeichen: 0
contact information:
Contact person:
Town:
VANCOUVER, BRITISH COLUMBIA and LISLE, ILLINOIS
Phone:
Kategorie:
Machinery & Tools
Anmerkungen:
Diese Pressemitteilung wurde bisher 153 mal aufgerufen.
Die Pressemitteilung mit dem Titel:
"Kelso Technologies Inc.: Grant of Options
"
steht unter der journalistisch-redaktionellen Verantwortung von
Kelso Technologies Inc. (Nachricht senden)
Beachten Sie bitte die weiteren Informationen zum Haftungsauschluß (gemäß TMG - TeleMedianGesetz) und dem Datenschutz (gemäß der DSGVO).
