TORONTO, July 05, 2017 (GLOBE NEWSWIRE) -- Everfront Ventures Corp. (TSX-V:EVC) ("Everfront" or the "Company") is pleased to announce that it has granted an aggregate of 7,300,000 incentive stock options under the Company’s stock option plan to certain directors, officers, employees and consultants of the Company. The options are exercisable at $0.10 per share, all of which (with the exception of an aggregate of 1,000,000 options which are not subject to vesting conditions) shall vest one-quarter (1/4) on July 5, 2017, one-quarter (1/4) on January 5, 2018, one-quarter (1/4) on July 5, 2018 and one-quarter (1/4) on January 5, 2019, and shall be exercisable for a term of two years, in accordance with the Company’s stock option plan. As of the date hereof, a total of 7,684,054 common shares of the Company are reserved for issuance under the Company’s stock option plan.
About Everfront
Everfront is the publicly traded holding company of Datametrex Limited (Datametrex). Datametrex is a plug and play solution for vendors. Datametrex extends the life of point of sale (POS) without having to upgrade to new cloud-based devices through its DataTap technology. DataTap captures all data sent from the POS to the receipt printer and then sends it to the cloud, so it can be presented in a dashboard for management to monitor key pertinent information.
To learn more, visit: www.datametrex.com
Neither the 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.