Quantum Announces Closing of Private Placement
2021年1月16日 - 8:17AM
Quantum Numbers Corp. (
“Quantum” or the
“Corporation”) (
TSX-V: QNC) is
pleased to announce that it has closed a non-brokered private
placement by issuing a total of 40,000,000 units (the
“
Units”) at $0.05 per Unit, for a total gross
proceed of $2,000,000, to a number of strategic investors who add
significant value to the Corporation’s cyber security initiatives.
Each Unit is comprised of one common share and one warrant of the
Corporation. Each warrant entitles its holder to acquire one common
share of the Corporation at a price of $0.15 for a period of 12
months following the closing of the private placement. The
securities issued in the private placement are subject to a
four-month hold period expiring on May 16, 2021.
The net proceeds from the private placement will
be used by Quantum to finance and accelerate development of its
patented Quantum Random Number Generator technology. The
Corporation intends to target high profile verticals such as
Healthcare Services and is also well suited to meet the demands for
Cloud-Based IT Security Infrastructure, Classified Government
Networks And Communication Systems, Secure Device Keying (IOT,
Automotive, Consumer Electronics), Quantum Cryptography and
Financial Services.
The Insiders’ participation for $115,000 is
exempt from the formal valuation and minority shareholder approval
requirements provided under Regulation 61-101 respecting Protection
of Minority Security Holders in Special Transactions
(“Regulation 61-101”) in accordance with sections
5.5(a) and 5.7(1)(a) of Regulation 61-101. The exemption is based
on the fact that neither the fair market value of the private
placement, nor the consideration paid by such Insiders exceeds 25%
of the market capitalization of the Corporation.
As a result of the closing of the private
placement, there are 100,527,838 common shares of the Corporation
issued and outstanding.
The private placement was carried out pursuant
to prospectus exemptions of applicable securities laws and is
subject to final acceptance by the TSX Venture Exchange. Finder’s
fees in an aggregate amount of $27,200 were paid in connection with
the private placement.
“We are very pleased with the results of this
latest round. This level of capital investment will allow QNC to
recruit a new leadership team and execute on both the development
of its patented technology and its strategic market positioning
plan. The Board of Directors is grateful that both existing and new
investors participated. This is undoubtedly a great testimonial to
QNC’s vision and potential for growth as a leader in quantum
technologies,” said Pierre Paul Samson, Chairman.
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:
Marc Rousseau, Chief Executive OfficerTel :
514.886.0045Email: 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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