Quantum Announces Adoption of A New Stock Option Plan
06 February 2021 - 11:03AM
Quantum Numbers Corp. (
“Quantum” or the
“Corporation”) (
TSX-V: QNC) is
pleased to announce that it has adopted a new fixed number stock
option plan (the “
Plan”), for its directors,
officers, employees and service providers, so as to attract, retain
and motivate these individuals to continue in their collaboration
and strive for the Corporation’s success. The Plan replaces and
supersedes the Corporation’s previous fixed number stock option
plan adopted on September 6, 2017.
The Plan is managed by the Board of Directors of
the Corporation. The maximum number of stock options that can be
issued under the Plan is 10,000,000, representing approximately
9.95% of the issued and outstanding common shares of the
Corporation.
The adoption of the Plan is subject to the TSX
Venture Exchange approval.
About Quantum
The Corporation's mission is to address the
growing demand for affordable hardware security for connected
devices. The patented solution for a Quantum Random Number
Generator exploits the built-in unpredictability of quantum
mechanics and promises to provide enhanced security for protecting
high value assets and critical systems.
The Corporation intends to target high profile
verticals such as Healthcare Services and the technology is also
applicable to Financial Services, Cloud-Based IT Security
Infrastructure, Classified Government Networks and Communication
Systems, Secure Device Keying (IOT, Automotive, Consumer
Electronics) and Quantum Cryptography.
For further information, please contact:
Francis Bellido, Chief Executive Officer Tel:
514.887.5469 Email: info@quantumnumberscorp.com
Website: www.quantumnumberscorp.com
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.
This press release may contain forward-looking
statements that are subject to known and unknown risks and
uncertainties that could cause actual results to vary materially
from targeted results. Such risks and uncertainties include those
described in the Corporation's periodic reports including the
annual report or in the filings made by Quantum from time to time
with securities regulatory authorities.
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