NuRAN Wireless Announces Grant of Stock Options
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Quebec, QC / TheNewswire / April 2nd, 2019 – NuRAN Wireless Inc. (“NuRAN Wireless” or the “Company”) (CSE: NUR) (OTC: NRRWF) (FSE: 1RN), announces that further to the appointment of Mr Babak Fouladi as Director of the Company, as announced on March 26th, it has granted to Mr Fouladi stock options pursuant to its incentive stock option plan, and subject to the Canadian Securities Exchange approval, to purchase up to an aggregate of 500,000 common shares in the capital stock of the Company, at an exercise price of $0.10 per share. The options will vest over a period of 6 months, with 250,000 options vesting on the date that is 3 months from the date of grant, and 250,000 options at 6 months from the date of grant. All options expire 36 months from the date of grant. The options will be subject to applicable securities laws and regulatory hold periods.
NuRAN Wireless is a leading supplier of mobile and broadband wireless infrastructure solutions. Its innovative radio access network (RAN), core network, and backhaul products dramatically drop the total cost of ownership, thereby creating new opportunities for established, as well as emerging mobile network operators. Indoor coverage, isolated rural communities, offshore platforms and ships, NuRAN Wireless helps its customers reach everyone, everywhere.
For further information about NuRAN Wireless;
Martin Bédard
President and CEO
info@nuranwireless.com
(418) 914-7484
Frank Candido
Direct Financial Strategies and Communication
frank.candido@nuranwireless.com
(514) 969-5530
US Investor Contact
Trevor Brucato
Managing Director
RB Milestone Group, LLC
Stamford, CT & New York, NY
No regulatory authority has approved or disapproved the information contained in this news release.