Archive for 'News'

Current Synodon Customer Renews realSens™ Contract for a 3-Year Term

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Edmonton, Alberta – January 13, 2015 – Synodon Inc. (”Synodon”) [TSXV-SYD], announces that following an initial 1-Year service contract that concluded in December 2014, one of its United States based customers (“Customer”) has re-signed a realSens™ pipeline integrity management services contract for a 3-Year term. This new contract requires quarterly (or bi-annual for some sections) survey flights for their Barnett shale gas gathering pipeline infrastructure. As was the case with the previous contract in 2014, other sections of the Customers’ ...

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Synodon Signs Collaboration Agreement with Spanish Pipeline Service Company

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Edmonton, Alberta – December 3, 2014 – Synodon Inc. (“Synodon”) [TSXV-SYD] announces that at an earlier ceremony organized by the Managing Director of the Agency for Local Development (“PROMALAGA”) for the City of Málaga, it has signed a Collaboration Agreement with Aganova Grupo (“Aganova”), a natural gas and water pipeline inspection service provider headquartered in Malaga, Andalucía, Spain.

Through this agreement, Synodon and Aganova will jointly market Synodon’s realSens aerial integrity management services to the Spanish pipeline operators. Based on early ...

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Another Synodon Client Renwes and Expands realSens Services Contract

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Edmonton, Alberta – July 17, 2014 - Synodon Inc. (“Synodon”) [TSXV-SYD], announces that one of its clients, which had purchased realSensTM airborne integrity management services through an initial contract in 2012, has renewed its engagement of Synodon’s services for their entire British Columbia gas transmission infrastructure. The surveys will cover roughly 2,600 kilometers of pipeline right-of-way, a 4 fold increase over the initial contract, and extends from Vancouver in the South all the way to Fort Nelson in the North.

“This signing reconfirms the typical ...

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Synodon Closes Tranche of Previously Announced Private Placement of Units

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THIS NEWS RELEASE IS INTENDED FOR DISTRIBUTION IN CANADA ONLY AND IS NOT INTENDED FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES.

Edmonton, Alberta – July 15, 2014 – Synodon Inc. (“Synodon”) [TSXV-SYD], a developer of advanced remote sensing technologies is pleased to announce a closing tranche for aggregate gross proceeds of $460,275 on the previously announced private placement of units (the “Units”) at a price of $0.255 per Unit.. The Units are comprised of ...

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Synodon Announces Brokered Private Placement

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Edmonton, Alberta – May 20, 2014 – Synodon Inc. (the “Corporation”) [TSXV-SYD], is pleased to announce that it has engaged Casimir Capital L.P. (the “Agent”) in connection with a proposed private placement, on a best efforts basis, whereby the Corporation intends to issue up to 11,764,705 units at a price of $0.255 per unit (the “Units”) for gross proceeds of $3,000,000.

The Units will be comprised of one Class A common share and one half of a Class A common share ...

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