NETCENTS ANNOUNCES GRANT OF OPTIONS
VANCOUVER, B.C., July 4, 2016 – NetCents Technology Inc. (“NetCents” or the “Company”) is pleased to announce the grant of incentive stock options (the “Options”). On July 4, 2016, the board of directors of the Company (the “Board”) announced that a total of 30,000 options to purchase common shares of the Company were granted to an unrelated third party. Each Option entitles the respective optionee to purchase one Share at an exercise price of $0.25 per Share until the expiry date on July 4, 2021.
NetCents is an online payments platform, offering consumers and merchants online services for managing electronic payments. NetCents works with its financial partners, mobile operators, exchanges, etc., to streamline the user experience of transacting online. The NetCents technology is integrated into the Automated Clearing House (“ACH”) and accepts consumer deposits from 24 countries.
Further information about the Company is available under its profile on the SEDAR website, www.sedar.com, on the CSE website, www.thecse.com, on the Company’s website, www.netcents.biz, or contact Robert Meister, Capital Markets, at Ph: 604.676.5248 or e-mail: Robert.email@example.com.
On Behalf of the Board of Directors
NetCents Technology Inc.
Gord Jessop, President and COO
Suite 1500, 885 West Georgia Street
Vancouver, British Columbia V6C 3E8
This release includes certain statements that may be deemed “forward-looking statements”. All statements in this release, other than statements of historical facts, that address events or developments that the Company expects to occur, are forward-looking statements. Forward-looking statements are statements that are not historical facts and are generally, but not always, identified by the words “expects”, “plans”, “anticipates”, “believes”, “intends”, “estimates”, “projects”, “potential” and similar expressions, or that events or conditions “will”, “would”, “may”, “could” or “should” occur. Although the Company believes the expectations expressed in such forward-looking statements are based on reasonable assumptions, such statements are not guarantees of future performance and actual results may differ materially from those in the forward-looking statements. Factors that could cause the actual results to differ materially from those in forward-looking statements include regulatory actions, market prices, and continued availability of capital and financing, and general economic, market or business conditions. Investors are cautioned that any such statements are not guarantees of future performance and actual results or developments may differ materially from those projected in the forward-looking statements. Forward-looking statements are based on the beliefs, estimates and opinions of the Company’s management on the date the statements are made. Except as required by applicable securities laws, the Company undertakes no obligation to update these forward-looking statements in the event that management’s beliefs, estimates or opinions, or other factors, should change.