CALGARY, Alberta, Jan. 12, 2018 (GLOBE NEWSWIRE) — Appulse Corporation (“Appulse” or the “Corporation”) (TSX VENTURE:APL) today reported the granting of an aggregate of 430,000 options to purchase common shares of the Corporation at a price of 13.5 cents per share. The majority of the options were issued to holders of options that expired January 3, 2018. The options are exercisable over a five-year term. 210,000 of these options were issued to Directors of the Corporation.
Through its subsidiaries, Centrifuges Unlimited Inc., Rolyn Oilfield Services Inc., and Design Machining Unlimited Inc., Appulse specializes in the sales, servicing and refurbishing of industrial centrifuge equipment, serving both domestic and international markets, and offers full service industrial machining. The Corporation continues to expand its product base and geographic markets, in addition to pursuing further representative arrangements and joint venture opportunities.
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.
FOR FURTHER INFORMATION, PLEASE CONTACT:
Doug Baird, President, or Dennis Schmidt, CFO
Telephone: (403) 236-2883
Facsimile: (403) 279-3342