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Quantum eMotion Corp V.QNC

Alternate Symbol(s):  QNCCF

Quantum eMotion Corp. is a Canada-based developer of cryptographic solutions. The Company is developing quantum random number generators (QRNG). It has launched its new QRNG2, an USB key that delivers pure entropy at 1.5 Gb/s. Its QRNG2 technology is the quantum random number generator, which is used in consumer electronics. QNG2 provides security to mobile and Internet transactions, Internet of Things (IoT) communication, machine-to- machine connections, networking equipment and cloud-based applications. Its technology is also applicable to others, such as datacenters, blockchain technologies, financial services, cloud-based information technology (IT) security infrastructure, classified government networks and communication systems, secure device keying (Internet of Things (IOT), automotive, consumer electronics) and quantum cryptography industry.


TSXV:QNC - Post by User

Post by Sextanton Jan 30, 2021 12:25am
275 Views
Post# 32427294

New Ceo cut a cheque for $100k

New Ceo cut a cheque for $100k
A transparent belief in the corporate opportunity.

 

Quantum Numbers 40-million-share private placement

 

2021-01-30 00:15 ET - Private Placement

 

The TSX Venture Exchange has accepted for filing documentation with respect to a non-brokered private placement.

 

Number of securities:  40 million common shares

Purchase price:  five cents per common share

Warrants:  40 million common share purchase warrants to purchase 40 million shares

Warrant exercise price:  15 cents per share for a period of 12 months following the closing of the private placement

Number of placees:  60 placees

Insiders:  Marc Rousseau, 100,000; Pierre Paul Samson, 100,000; Francis Bellido, two million; Luc Paquet, 100,000

Total pro group:  4.3 million (nine placees)

Finders' fees:  Three finders received cash commissions totalling $27,200. 

 

The company has confirmed the closing of the private placement in a news release dated Jan. 15, 2021.

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