Bitrush Corporation Announces Grant
Toronto, Ontario (FSCwire) - BitRush Corp. (CSE:BRH) ("BRH" or the "Company") today announces that the Company has granted incentive stock options under its stock option plan to a consulting company through which an officer and director provides services to the Company to purchase up to an aggregate of 2,500,000 common shares, exercisable on or before April 22, 2021, at an exercise price of $0.10 per share. The Company has also granted 50,000 options to a consultant at a price of $0.10 exercisable on or before April 22, 2018.
All shares issued pursuant to the stock option agreements are subject to a statutory hold period from the date hereof.
About BitRush
BitRush Corp. is a pioneering Canadian FinTech company focused on cryptographic blockchain technology. BitRush™ has chosen to go to the public markets as a startup to allow all types of investors, from individuals to institutions, to participate in the potential value appreciation of a FinTech “startup built by grownups”, that otherwise would usually have taken place in the private markets accessible only to VCs and accredited investors.
BitRush™ (www.BitRush.co), based in Toronto, but with teams active in Asia, Eastern Europe, Western Europe and North America has three main business verticals all built on our core processing technology BlockNexus™, which includes payment processing services (www.P2Nex.co), gaming technologies and online advertising services (www.AdBit.co). We either use these technologies in our own businesses or provide our services to or for qualified partners and or clients.
BitRush™ offers solutions in the B2C, B2B, C2B and C2C markets. Join BitRush™, either as a consumer user, as a business or both to benefit from our unique services, features and pricing, that only our proprietary blockchain based technologies allow.
With our core technologies already developed, BitRush™ plans to scale each of our businesses.
If you like what we do, BitRush Corp. is traded on the Canadian Securities Exchange (CSE: BRH) and the Frankfurt Stock Exchange: (symbol:0XSN). BitRush, AdBit, BlockNexus and P2Nex are trademarks of BitRush Corp.
FORWARD LOOKING INFORMATION
This press release contains certain “forward-looking information”. All statements, other than statements of historical fact, that address activities, events or developments that the Corporation believes, expects or anticipates will or may occur in the future constitute forward-looking information.
This forward-looking information reflects the current expectations or beliefs of the Corporation based on information currently available to the Corporation as well as certain assumptions including, without limitation. Forward -looking information is subject to a number of significant risks and uncertainties and other factors that may cause the actual results of the Corporation to differ materially from those discussed in the forward-looking information, and even if such actual results are realized or substantially realized, there can be no assurance that they will have the expected consequences to, or effects on the Corporation.
Any forward-looking information speaks only as of the date on which it is made and, except as may be required by applicable securities laws, the Corporation disclaims any intent or obligation to update any forward-looking information, whether as a result of new information, future events or results or otherwise. Although the Corporation believes that the assumptions inherent in the forward-looking information are reasonable, forward-looking information is not a guarantee of future performance and accordingly undue reliance should not be put on such information due to the inherent uncertainty therein.
On behalf of the Board of Directors,
Warren Hawkins
Corporate Secretary
For further information contact Karsten Arend at karsten.arend@bitrush.co or Warren Hawkins at warren.hawkins@bitrush.co
To view this press release as a PDF file, click onto the following link:
public://news_release_pdf/Bitrush04222016.pdf
Source: BitRush Corp. (CSE:BRH)
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