Toronto, Ontario--(Newsfile Corp. - September 26, 2017) - Kuuhubb Inc. (TSXV: KUU) ("Kuuhubb" or the "Company") announces that
it has granted to employees, officers and directors of the Company, pursuant to the terms of the Company's stock option plan (the
"Option Plan"), a total of 1,625,000 stock options, each such stock option entitling the holder to purchase one common share of the
Company ("Common Share") at a price of Cdn$1.60 for a period of five years. These stock options are subject to receipt of required
shareholder and TSX Venture Exchange approvals.
The Company also reports that it has amended the Option Plan to provide that the maximum number of Common Shares that may be
issued pursuant to the exercise of stock options granted under the Option Plan must not exceed 7,500,000. This amendment is subject
to receipt of required shareholder and TSX Venture Exchange approvals. Before this amendment, the Option Plan provided that the
number of Common Shares issuable upon the exercise of all outstanding stock options must not at any time exceed 10% of the number
of outstanding Common Shares, from time to time.
About Kuuhubb
Kuuhubb is a company active in the digital space that focuses mainly on lifestyle and mobile video game applications. Its
strategy is to create sustainable shareholder value through acquisitions of proven, yet underappreciated, assets with robust
long-term growth potential. Headquartered in Helsinki, Finland, the Company has a global presence with a strong focus on developing
U.S. brand collaborations and Asian partnerships.
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.
For further information, please contact:
Kuuhubb Inc.
Jouni Keränen - CEO
jouni@kuuhubb.com
+358 40 590 0919
