Datable Announces Grants of Restricted Share Units
VANCOUVER, BC, June 25, 2020 /CNW/ - Datable Technology Corporation (TSXV: DAC) (OTCQB: TTMZF) (the "Company" or "Datable"), announces that subsequent to the Company's December 23, 2019 Annual General and Special Meeting, on February 20, 2020, the Company awarded a total of 3,400,000 restricted share units ("RSUs") to directors of the Company: Robert Craig: 1,500,000 RSUs, Kim Oishi: 1,500,000 RSUs, Yucai Huang: 200,000 RSUs, Adam Kniec: 200,000 RSUs, and a total of 950,000 RSUs to key employees and consultants. The Company also awarded on January 24, 2020, 25,000 RSUs to a consultant of the Company. Each vested RSU entitles the holder to receive one common share of the Company by delivering an exercise notice in accordance with the Company's Fixed Restricted Share Unit Plan.
About Datable Technology Corporation
Datable has developed a proprietary, mobile-based consumer marketing platform – PLATFORM3 – that is sold to global Consumer Packaged Goods ("CPG") companies and consumer brands. PLATFORM3 is delivered as a subscription service (Software as a Service model) and used by CPG companies to engage consumers, reward purchases and collect valuable consumer data. PLATFORM3 incorporates Artificial Intelligence and Machine Learning to monetize the consumer data, including demographics and purchasing behaviour, by sending consumers targeted offers by email and text messages. For more information, visit datablecorp.com.
For additional information about the company please visit www.sedar.com. The TSX Venture Exchange Inc. has in no way passed upon the merits of the transaction and has neither approved nor disapproved the contents of this press 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. This news release contains forward-looking information, which involves known and unknown risks, uncertainties and other factors that may cause actual events to differ materially from current expectation. Important factors – including the availability of funds and the results of financing efforts, – that could cause actual results to differ materially from the Company's expectations are disclosed in the Company's documents filed from time to time on SEDAR (see www.sedar.com). Readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date of this press release. The Company disclaims any intention or obligation, except to the extent required by law, to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.
SOURCE Datable Technology Corp.
Datable Technology Corporation, Robert Craig, Chief Executive Officer, (604) 639-5441, [email protected]
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