TORONTO, Aug. 14, 2020 /CNW/ - QYOU
Media (TSXV: QYOU) (OTCQB: QYOUF) announced that
the company and its Board of Directors have approved incentive
Stock Option and Restricted Share Unit grants to employees and
advisors in connection with work being done on behalf of the
company. The company will issue a total of 5,150,000
Restricted Share Units (RSU) vesting on a monthly basis over three
years and a total of 7,350,000 Stock Options vesting monthly over
four years with a strike price of $0.05 per share and an expiry date of
August 14, 2025.
About QYOU Media
QYOU Media operates in India
and the United States producing
and distributing content created by social media stars and digital
content creators. In India, we
curate, produce and distribute premium content including television
networks and VOD for cable and satellite television, OTT and mobile
platforms. In the United States,
we manage influencer marketing campaigns for major film studios and
brands. Founded and created by industry veterans from Lionsgate,
MTV, Disney and Sony, QYOU Media's millennial and Gen Z-focused
content reaches more than 550 million consumers around the
world. Experience our work at www.qyoumedia.com and
www.theqindia.com
Neither the 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.
SOURCE QYOU Media Inc.