NuRAN Wireless Inc C.NUR

RE:500 million contract just signed

[GObabyGO1]

"QUEBEC, QC / ACCESSWIRE / February 8, 2021/ NuRAN Wireless Inc. ("NuRAN" or the "Company") (CSE:NUR)(OTC Pink:NRRWF)(FSE:1RN) announces that it has granted stock options pursuant to the Company's incentive stock option plan to certain employees, consultants, directors and officers of the Company, to purchase an aggregate of 1,225,000 common shares of the Company at an exercise price of $0.395 per share. Pursuant to the terms of the grant, 950,000 options will vest immediately and the remaining 275,000 options will vest over a period of 12 months from the date of grant. 1,150,000 of the options expire five years from the date of grant and the remaining 75,000 options will expire three years from the date of grant. The options are subject to applicable policies of the Canadian Securities Exchange and applicable securities laws and will be subject to a hold period of four months commencing on the date of grant of the options."

First of all...they are options to buy stock at $0.395, not warrants...950,000 are trading NOW. They will most certainly all be exercised in the next few days if not the majority tomorrow. This will put pressure on the price but a big day like today and it won't be a problem. 1.2 million shares is fairly significant considering the outstanding share count is roughly 15 million. It will be interesting to see how this plays out tomorrow once new eyes see the news and realize how undervalued this is right now. Keep in mind a lot of people probably stayed away looking at 500%+ gains on the ticker today as well.