TORONTO, ONTARIO — (Marketwired) — 09/26/14 — Lingo Media Corporation (TSX VENTURE: LM)(OTCBB: LMDCF) (“Lingo Media” or the “Company”), an ESL industry acquisition company that is Changing the way the world learns English, announces that its board of directors has approved the grant of 410,000 incentive stock options to directors and consultants of the Company. The options have an exercise price of $0.13 per share and will vest quarterly over a period of up to 18 months from the grant date and have a term of 3 years. Lingo Media last granted stock options to its officers, employees, directors and consultants in November 2012.
About Lingo Media (TSX VENTURE: LM)(OTCBB: LMDCF)
Lingo Media Corporation () is an ESL industry acquisition company that is Changing the way the world learns English, focused on English language learning (“ELL”) on an international scale through its four distinct business units: ELL Technologies; Parlo; Speak2Me; and Lingo Learning. ELL Technologies is a globally-established ELL multi-media and online training company marketed under the Q Group brand (). Parlo is a fee-based online ELL training and assessment service (). Speak2Me is a free-to-consumer advertising-based online ELL service in China (). Lingo Learning is a print-based publisher of ELL programs in China. Lingo Media has formed successful relationships with key government and industry organizations, establishing a strong presence in China–s education market of more than 300 milion students. The Company continues to expand its ELL offerings and is extending its reach globally.
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Lingo Media Corporation
Michael Kraft
President & CEO
(416) 927-7000 Ext. 23 or Toll Free: (866) 927-7011
(416) 927-1222 (FAX)
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