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Epicore BioNetworks Inc. Announces New Board Director And Stock Option Exercise

CALGARY, Jan. 18, 2013 /PRNewswire/ - The Board of Directors of Epicore BioNetworks Inc. is pleased to announce a new director has joined the board, effective January 16, 2013.  The Board welcomes Mr. Alan Savage of Vancouver, British Columbia, Canada.

Mr. Savage is founder and president of Southern Gold Resources Ltd. of Vancouver. Alan brings to the Company experience and expertise obtained over a long and successful career in capital markets, much of it through the investment business of Southern Gold Resources Ltd, owner of 4,052,000 shares of Epicore.

Epicore announces that one of its Board directors, Fred N. Boulos, exercised 50,000 of his allotted common stock options.  The options were exercised at the price granted, which was Cdn. $0.145 per share.  With this transaction Epicore common shares outstanding increased 0.2% to 24,557,179.  Mr. Boulos's ownership of Epicore shares increased to 464,000, which is 1.9% of shares outstanding.

Epicore BioNetworks Inc. is a leading producer of environmental biotechnology and animal nutrition products.  It manufactures in the USA and markets worldwide to a variety of industries to reduce environmental pollution and increase operational productivity.

Epicore BioNetworks Inc. is a public corporation with a registered office in Calgary, Alberta, Canada and with shares listed on the TSX Venture Exchange (symbol EBN).  [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.]

SOURCE Epicore BioNetworks Inc.

Copyright 2011 PR Newswire. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

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