Quantum eMotion Private Placement Goes Free-Trading with 480 Percent Appreciation

Quantum eMotion Corp. (TSX-V: QNC)

• Type of financing: Non-brokered
• Gross proceeds: $2 million
• Number of units: 40 million
• Price per unit: $0.05
• Closing date: 01/15/2022
• Today's closing price (May 24): $0.29
• Share appreciation: 480%
• Warrants: Full    
• Strike Price: $0.15
• Expiry date: 01/15/26

Company breakdown:

• Changed named from Quantum Numbers Corp. earlier this year
• Developing new systems to generate quantum random number for use in cybersecurity applications
• The company says that "Quantum-level security is the only way to create secure
• communication in mobile devices, data centres and even medical implants, to name just a few key markets."
• The company released its quantum number generator in March, calling it "the fastest quantum entropy source on the market today"