EDMONTON, ALBERTA--(Marketwired - May 3, 2016) - Synodon Inc. ("Synodon" or the "Company") (TSX VENTURE:SYD) announced that pursuant to agreements signed with Nimal Rodrigo (President) and Deborah Rodrigo (former CFO) respectively, dated May 1, 2015 (the "Agreements") and as announced in a press release dated May 28, 2015, the Company issued 77,436 shares in lieu of cash remuneration for services rendered during the period from April 1, 2016 to April 30, 2016. The shares were issued at a deemed price of $0.05 being the minimum price per share in accordance with the Agreements and the policies of the TSX Venture Exchange.

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.