ENPAR: Grants of Stock Options

GUELPH, ON--(Marketwired - April 21, 2017) - ENPAR Technologies Inc. (TSX VENTURE: ENP) ("ENPAR" or the "Company") announces that it has granted 5,775,000 incentive stock options to 8 employees, 5 directors. The options are exercisable at a price of $0.10. The term of the options is for a period 10 years from the date of grant. In addition, 300,000 stock options have been granted to Investor Relations services group FronTier Merchant Capital Group (Ref: Press Release dated March 31, 2017). The options are exercisable at a price of $0.10. The term of the options is for a period of 2 years from the date of grant. The grants are subject to acceptance by the TSX Venture Exchange.