EDMONTON, ALBERTA–(Marketwired – June 2, 2016) – Synodon Inc. (TSX VENTURE:SYD) announced that it has suspended interest payments in connection with the loan from Cranberry Capital Inc., which is an event of default under the loan.

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.