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EGN Engineering.Com Incorporated

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Share Name Share Symbol Market Type
Engineering.Com Incorporated TSXV:EGN TSX Venture Common Stock
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 0 -

ENGINEERING.com Incorporated Announces Grant of Options to New Director

24/08/2012 10:10pm

Marketwired Canada


ENGINEERING.com Incorporated (TSX VENTURE:EGN), developer of the ENGINEERING.com
online resource for engineers, announces that on August 21, 2012 its Board of
Directors approved the grant of an aggregate of 200,000 incentive stock options,
of which 100,000 were granted to John Scullion, a recently elected director of
the Company. The remaining options were granted to an employee of the Company.
The options carry an exercise price of $0.10 per common share and will vest in
stages, with 25% vesting immediately and a further 25% vesting on each
anniversary of the grant date until fully vested. The options are exercisable
according to the terms of the Company's stock option plan and will expire five
years from the grant date.


Common shares issued upon the exercise of the options will be subject to a
four-month hold period from the original grant date in accordance with the
policies of the TSX Venture Exchange and applicable securities legislation.


About ENGINEERING.com Incorporated

ENGINEERING.com Incorporated (TSX VENTURE:EGN) is the developer-owner of the
www.ENGINEERING.com Web site and business. ENGINEERING.com offers marketing
services to manufacturers, design consultants and engineering academia around
the world. The ENGINEERING.com Incorporated head office is located in
Mississauga, Ontario, Canada and can be reached toll-free at 1-877-997-9917, by
facsimile at 905-273-6691 or through the Internet at www.ENGINEERING.com.


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