Nuvolt Corporation Announces the Granting of Stock Options
May 01 2014 - 4:21PM
Marketwired
Nuvolt Corporation Announces the Granting of Stock Options
LEVIS, QUEBEC--(Marketwired - May 1, 2014) - Nuvolt Corporation
Inc. (« the Company ») (TSX-VENTURE:NCO) announces the granting of
a total of 500,000 stock options, including 250,000 to an officer
of the Company, at an exercise price of $0.08 per share. The stock
options can be exercised up until May 1st, 2021.
About Nuvolt Corporation Inc.
Nuvolt has developed a unique expertise, along with patented
technologies in the field of real-time monitoring and predictive
management of electrical failures. Its
SmartScantm system converts analogue power
related data into actionable knowledge and business intelligence
(BI), providing operations executives the ability to prevent
equipment failures and production downtime thereby reducing mission
critical system failures. Additional benefits include reducing fire
risks and increasing machine lifecycles, while keeping service
costs in line. Furthermore, the complete suites of
Agrivolttm products are respected references in
the detection, management and mitigation of leakage current. It has
been proudly serving the agriculture market for more than 20 years
and is still providing proven productivity benefits to its
international customers. www.nuvolt.ca
Certain statements contained in this press release
constitute forward-looking information. Such statements are based
on the current expectations of management. You are cautioned that
such statements can be subject to a multitude of risks and
uncertainties that could cause actual results, future circumstances
or events to differ materially from those projected in the
forward-looking information. The reader should not place undue
reliance on the forward-looking information included in this press
release given that (i) actual results could differ materially from
a conclusion, forecast or projection in the forward-looking
information, and (ii) certain material factors or assumptions were
applied in drawing a conclusion or making a forecast or projection
as reflected in the forward-looking information could prove to be
inaccurate. There is no guarantee that the proposed Private
Placement can be completed on the terms described in this press
release. The Private Placement is still subject to the entering
into of definitive agreements and various conditions, as described
in this press release. These statements speak only as of the date
they are made, and Nuvolt assumes no obligation to revise such
statements as a result of any event, circumstance or otherwise,
except in accordance with law.
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.
Mr. Pierre-Andre Meunier, President and CEO(418) 833-0773(418)
833-4055