Biorem Announces Issuance of Stock Options to Directors

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Biorem Announces Issuance of Stock Options to Directors

PR Newswire

GUELPH, ON, July 13, 2016 /PRNewswire/ - BIOREM Inc. (TSX-V: BRM) ("Biorem" or "the Company") today announced under its stock option plan that 60,000 options to purchase common shares of the Company have been issued to Directors of the Company. The options have an exercise price of $0.28 and vest over three years with a ten year expiry date of July 13, 2019.

About BIOREM Inc.

Biorem is a leading clean technology company that designs, manufactures and distributes a comprehensive line of high-efficiency air emissions control systems used to eliminate odors, volatile organic compounds (VOCs), and hazardous air pollutants (HAPs). With sales and manufacturing offices across the continent, a dedicated research facility, a worldwide sales representative network and more than 1000 installed systems worldwide, Biorem offers state-of-the-art technology-based products and peace of mind for municipalities, industrial companies and their surrounding communities. Additional information on Biorem is available on our website at www.biorem.biz.

SOURCE Biorem Inc.

Copyright CNW Group 2016

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