SiQ Mountain Industries Inc. Grants Options
November 22 2019 - 10:02AM
SiQ Mountain Industries Inc. (TSXV: SIQ) (the “Company” or “SiQ”)
has granted an aggregate of 25,000 incentive stock options to
certain officers, directors and other eligible persons of the
Company. The options are exercisable, subject to vesting
provisions, over a period of five years at a price of $0.10 per
share.
On behalf of the Board of Directors,
Peter Hughes, CEO and President
About SiQ Mountain Industries
Inc.
The Company is an early-stage development
organization focused on the creation and distribution of a unique
brand of products for outdoor athletic entertainment in domestic
and international markets.
For a more complete business and financial
profile of the Company, please view the Company's website at
www.siqmountain.com and documents posted under the Company’s
profile on www.sedar.com.
Legal Notice Regarding Forward-Looking
Statements and Information: This news release contains
“forward-looking statements and information” within the meaning of
applicable securities laws. Forward-looking statements are
indicated expectations or intentions. Forward-looking
statements in this news release include without limitation: that we
can create and distribute a unique brand of products for outdoor
athletic entertainment in domestic and international markets.
Forward-looking statements involve known and unknown risks,
uncertainties and other factors which may cause the actual results,
performance or achievements of SiQ Mountain Industries Inc. to
differ materially from anticipated future results, performance or
achievement expressed or implied by such forward-looking
statements. Such risks and uncertainties include, without
limitation, the risk that the Company’s technology and products may
not work as well as expected; we may not be able to break into new
markets, because such markets are served by strong and embedded
competitors, our products are not well accepted by consumers or
because of long term supply contracts; and we may not be able to
grow and sustain anticipated revenue streams. We may have
underestimated the cost of production and the time it takes to
bring products to market; we may not be able to finance our
intended product development. Our products may not sell or rent as
well as expected, and competitors may offer better or cheaper
alternatives to our products. Our technologies may not be
patentable, and if patents are granted, we may not protect our
investment in intellectual property if our patents are challenged.
Our intended technologies may infringe on the intellectual property
of other parties. We may not have any parties interested in
distributing our products for rental as expected; and we may not be
able to break into the international market. Except as required by
law, the Company does not intend to update the forward-looking
information and forward-looking statements contained in this news
release.
NEITHER TSX VENTURE EXCHANGE NOR ITS
REGULATION SERVICES PROVIDER (AS THAT TERM IS DEFINED IN THE
POLICIES OF THE TSX VENTURE EXCHANGE) ACCEPTS RESPONSIBILITY FOR
THE ADEQUACY OR ACCURACY OF THIS RELEASE.
For further information, please
contact:
Peter Hughes, CEO and
Presidenthughes@siqmountain.com
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