Seprotech Grants Stock Options

    




 OTTAWA, Dec. 13, 2011 /CNW/ - Seprotech Systems Incorporated  announces that it has granted a  total of 1,600,000 stock options, comprising 100,000 options to a  director, and the balance to the Company's new CEO. The stock options  vest over three years, and are exercisable into common shares of  Seprotech at a price of $0.10 per share for a period of five years. 

 Seprotech currently has 62,921,926 common shares issued and outstanding,  and under the Company's Employee Share Option Plan a maximum of  7,000,000 common shares are available to be issued pursuant to the  exercise of options at this time. Including this grant of 1,600,000  options, a total of 6,605,000 common shares have been reserved for  issuance pursuant to outstanding option grants. There are 305,000  shares remaining available for issuance at this time with respect to  future option grants. 

 About Seprotech: 

 Seprotech is a provider of pre-engineered water and wastewater treatment  solutions to the municipal/land development, resource sector and  military market place, including Reverse Osmosis water purification  systems, ROTORDISK® biological sewage treatment package plants and  CrystalBlue™ membrane-based water recycling systems. 

 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.  The TSX Venture Exchange has neither approved nor disapproved of the  information contained herein. 

Seprotech Systems Incorporated


CONTACT:  Mr. Ian W. Malone, CFO Tel: [phone] Fax: [phone] 


    

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