Edmonton, Alberta--(Newsfile Corp. - December 1, 2016) - The Bowra Group Inc. was appointed Receiver of all Synodon Inc.'s current and future assets, undertakings and properties of every nature and kind whatsoever pursuant to an Order of the Court of Queen's Bench of Alberta granted on November 30, 2016.
The Receiver intends to realize on Synodon Inc.'s property and as such will implement a court-approved sales process in the near future.
In addition, on November 30, 2016 the following people have resigned their posts:
John Pinsent, Director
Nancy Laird, Director
Mahesh Liyanage, CFO
Further information can be obtained from:
The Bowra Group Inc.
Synodon Inc. (www.synodon.com) is a technology company which has developed an advanced airborne remote gas sensing system called realSens, based on technologies developed under the Canadian Space Program and by Synodon scientists. The company provides a full-service gas emissions monitoring and quantification service to a variety of industries, including hydrocarbon (oil and gas), environmental and agricultural, and for variety of gases including methane, ethane and ammonia.