05:02:40 EST Thu 02 Feb 2023
Enter Symbol
or Name
USA
CA



VPN Technologies Inc
Symbol VPN
Shares Issued 10,138,920
Close 2022-12-06 C$ 0.045
Recent Sedar Documents

VPN Technologies to extend 25.41M warrants by 12 months

2022-12-06 16:28 ET - News Release

Mr. Paul Dickson reports

VPN TECHNOLOGIES ANNOUNCES EXTENSION TO WARRANT TERM AND GRANTS OPTIONS

VPN Technologies Inc. intends to extend the expiration date of a total of 25,418,860 warrants, originally issued by the company on Feb. 22, 2021, pursuant to a non-brokered private placement and a debt settlement, by 12 months.

The warrants are exercisable into common shares of the company at a price of 10 cents per common share and currently have an expiry date of Feb. 22, 2023. The company wishes to extend the expiry date of the warrants to 4 p.m. PST on Feb. 22, 2024. All other terms and conditions of the warrants, including the exercise price, remain the same.

The company also announces that it has granted incentive stock options to purchase a total of 150,000 common shares at an exercise price of 15 cents per share for a period of two years to certain directors and officers in accordance with the provisions of its stock option plan.

About VPN Technologies Inc.

VPN Technologies is a provider of virtual private network (VPN) services to the retail market and small- and medium-sized businesses.

Greentech Hydrogen Innovations Corp. is a wholly owned subsidiary of VPN Technologies, a start-up energy company formed to identify opportunities in both the science for the purpose of commercialization and the development of products and services addressing the growth in a wide range of long-term hydrogen businesses related to global energy policy objectives and targets.

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