Quantum Numbers Corp. Announces Its Plan to Raise a Round of Capital Investment to Help Finance the Next Level of Development, a Planned CMOS Implementation and Help Position Its Initial Entry in the Healthcare Industry

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[{"type":"text","content":"Quantum Numbers Corp. Announces Its Plan to Raise a Round of Capital Investment to Help Finance the Next Level of Development, a Planned CMOS Implementation and Help Position Its Initial Entry in the Healthcare Industry\n \n \n (TheNewswire)\n \n \n \n \n \n \n \n \n Montreal, Canada - TheNewswire -\n \n \n October 01, 2020 - (TSXV:QNC)\nQuantum Numbers Corp. (the \"Corporation\" or\n\"QNC\")\n \n \n , an innovative developer of\ncryptographic solutions based on Quantum Random Number Generator\n(QRNG) announces a plan to raise its next round of capital investment\n \n \n for a non-brokered placement.\n \n \n \n \n \"The next round of capital investment for QNC will\nbe dedicated to further advance our technology and implement our\nproven patented design at the CMOS chip level. Also, during the past\nfew months, our Board Directors further analyzed and identified the\nmost prevalent industries where our distinct QRNG patented technology\nwill be most needed and accepted with its high levels of security\nbenefits. According to our latest research, we foresee a compelling\nindustry fit with the Healthcare Industry and a strong potential\nincrease in demand that can be met with our current intellectual\nproperty assets and future embedded solutions.\" Marc Rousseau,\nCEO.\n \n \n \n \n The Corporation will be offering units at a price of\n$0.07 per unit (each, a \"Unit\") for gross proceeds of up to\n$750,000. Each Unit shall consist of one common share and one common\nshare purchase warrant exercisable at a price of $0.15 for a period of\n18 months from the date of grant. An acceleration clause is included.\n \n \n Should the Common Shares of the Corporation\ntrade at a price per share of at least $0.20 for a period of not less\nthan twenty consecutive business days, the Corporation may request\nthat the holders of the Warrants exercise their Warrants into Common\nShares of the Corporation within the twenty-business day-period\nfollowing a notice to the Warrant's holders to that effect.\n \n \n \n \n All of the securities to be issued under the private\nplacement will be subject to a four-month resale restriction. In\nconnection with this transaction, finder's fees may be issuable to\nqualified parties in accordance with the policies of the Canadian\nSecurities Exchange.\n \n \n \n \n The company will hold videoconferences accordin...

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