Canada NewsWire
MONTREAL, March 22, 2019
MONTREAL, March 22, 2019 /CNW Telbec/ - VOTI Detection
Inc. (TSXV: VOTI) ("VOTI" or the "Company") announces it has, between December 4,
2018 and February 13, 2019 inclusively, granted incentive stock options to certain of its
executives and employees to acquire a total of 2,010,000 common shares of the Company pursuant to the Company's stock option
plan (the "Option Plan"). The options are exercisable at a price of $2.99 per share.
One-third of the options will vest on the one year anniversary of the date of grant and the balance will vest quarterly over two
years thereafter. The options are subject in all respects to the terms of the Option Plan and the requirements of the TSXV. The
granted options have been reserved for issuance pursuant to the Option Plan and are subject to, and cannot be exercised by their
respective holders until, the Company's shareholders ratify the Option Plan, the TSXV approves the grants thereof, and the
Company's shareholders approve such grants by way of disinterested shareholder approval in accordance with the policies of the
TSXV, at a duly constituted meeting of shareholders.
About VOTI Detection
VOTI Detection, headquartered in Montreal, Quebec, and recently listed on the TSX
Venture Exchange, is a leading-edge Canadian technology company that develops latest-generation X-ray security systems based on
3D Perspective™ technology. VOTI's technology produces remarkably sharp and more revealing X-ray images that are competitively
superior while delivering enhanced threat detection capabilities and an improved user experience. Since its inception, VOTI has
installed scanners in more than 50 countries and has consulted heavily with government agencies and security specialists
worldwide to develop feature-rich and easy-to-use scanners that meet the sophisticated needs of modern security screening
operations. www.votidetection.com
Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture
Exchange) accepts responsibility for the adequacy or accuracy of this release.
SOURCE VOTI Detection Inc.
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