Archive for 'News'

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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Synodon Secures $1.2 Million in New Contracts from Three Repeat Customers

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Edmonton, Alberta – May 15, 2014 – Synodon Inc. (”Synodon”) [TSXV-SYD] announces that is has secured $1.2 million in new realSensTM services contracts from three pipeline operators located in Texas, Alberta and British Columbia. These companies have been previous realSensTM customers and all have increased the amount of surveyed pipeline, two of the operators to 100% of their networks. The total survey length between the three companies is more than 12,700 kilometers of natural gas and crude oil pipelines. The ...

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Synodon Demonstrates realSens™ Crude Oil Detection Capability to Oil Sands Company

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Edmonton, Alberta – May 8, 2014 – Synodon Inc. (“Synodon”) [TSXV-SYD] announces that it has successfully demonstrated to an oil sands exploration company the ability of its realSensTM technology to detect hydrocarbon vapour plumes released from a synthetic crude oil product. Together with the previously announced results regarding the detection of other liquids such as pentane, condensates and gasoline, this confirms the ability of realSensTM to detect leaks of most types of liquid hydrocarbons. Full reports for these tests are ...

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