Fireswirl Announces Stock Options

VANCOUVER, May 27, 2016 /CNW/ - Fireswirl Technologies Inc. (TSXV: FSW) ("Fireswirl" or the "Company") announced today the grant, in the aggregate, of 2,500,000 options to purchase common shares of the Company, exercisable on or before May 27, 2021, with an exercise price of $0.05 per share, to certain directors and employees of the Company, pursuant to the Company's stock option plan. The granting of such options is subject to regulatory approvals.

About Fireswirl

Fireswirl Technologies Inc. (TSXV: FSW) is focused on creating transactional revenue by engineering electronic and mobile commerce solutions for content providers. Fireswirl's technology has broad applications for solutions requiring multiple payment interfaces, multicurrency and multi-language capabilities. Fireswirl's solutions can be adapted to any industry seeking high volume or micro-payment solutions involving a wide base of users through internet or wireless applications.

On behalf of the Board of Directors,

"Ji Yoon"
Chairman of the Board of Directors

Fireswirl Technologies Inc.:

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

SOURCE Fireswirl Technologies Inc.

Telephone: [phone], Email: [email protected], Website: www.fireswirl.com