TORONTO, July 28, 2016 /CNW/ - EnerDynamic Hybrid
Technologies Corp. ("EHT" or the "Company")
(TSX-V: EHT) is pleased to announce that it has granted
1,192,096 incentive stock options under its stock option plan to a
director. The stock options are exercisable until July 1, 2021, and the grant is subject to
regulatory approval.
The Company also issued a correction to its press release dated
June 30, 2016. Total options
granted was incorrectly reported as 4,291,238 incentive stock
options. The actual number of options granted was
4,207,904. The exercise date has not changed and remain
exercisable on or before July 1,
2021.
About EnerDynamic Hybrid Technologies
EHT delivers proprietary, turn-key energy solutions which are
intelligent, bankable and sustainable. Most energy products and
solutions can be implemented immediately wherever they are needed.
EHT stands above its competitors by combining a full suite of solar
PV, wind and battery storage solutions, which can deliver energy 24
hours per day in both small-scale and large-scale format. In
addition to traditional support to established electrical networks,
EHT excels where no electrical grid exists. The organization
supplies advanced solutions for various industries in combination
with energy saving and energy generation solutions. EHT's expertise
includes the development of module structures with full integration
of smart energy solutions. These are processed through EHT's
production technologies into attractive applications: modular
homes, cold storage facilities, schools, residential and commercial
out buildings and emergency/temporary shelters.
Neither 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.
Cautionary Note Regarding Forward-looking Statements
The statements herein that are not historical facts are
forward‐looking statements. Forward-looking
information involves risk, uncertainties and other factors that
could cause actual events, results, performance, prospects, and
opportunities to differ materially from those expressed or implied
by such forward-looking information. Factors that could cause
actual results to differ materially from such forward-looking
information include, but are not limited to, regulatory approval
processes. Although EHT believes that the assumptions used in
preparing the forward-looking information in this news release are
reasonable, including that all necessary regulatory approvals will
be obtained in a timely manner, undue reliance should not be placed
on such information, which only applies as of the date of this news
release, and no assurance can be given that such events will occur
in the disclosed time frames or at all. EHT disclaims any intention
or obligation to update or revise any forward-looking information,
whether as a result of new information, future events or otherwise,
other than as required by applicable securities laws.
SOURCE Enerdynamic Hybrid Technologies Corp.