Leonovus Inc. Grants Stock Options
July 04 2019 - 5:00PM
Leonovus Inc. (“Leonovus”) (TSXV: LTV) (OTC: LVNSF). Michael
Gaffney, Chairman and Chief Executive Officer of Leonovus reports
that the Company's board of directors has approved the grant of
options to purchase up to 2,955,000 common shares at an exercise
price of $0.06 per share to employees, officers and directors of
the Company. The options were granted July 3, 2019, vest in equal
48-month instalments and are valid until June 30, 2024.
ABOUT LEONOVUSLeonovus is a cloud solution
software provider that offers the leading blockchain hardened
hyper-secure software-defined object storage solution.
Designed with the IT manager in mind, Leonovus’ patented algorithms
encrypt, shred and spread data across a network of on-premises,
hybrid or multi-cloud storage nodes – allowing for the most secure
yet internally accessible form of object-based data storage across
the entire solution. The advanced geo-distributed architecture
minimizes latency, optimizes geo-availability, reduces remote
backup costs and meets data sovereignty requirements. With its
software and hardware agnostic design, Leonovus provides petabyte
scalability and allows the enterprise to utilize its existing idle
storage resources, extend the useable lifespan of depreciated
resources and improve the enterprise’s overall ROI.
Leonovus
LinkedIn: ca.linkedin.com/company/leonovus-inc.
Twitter: twitter.com/LeonovusInc
Facebook: www.facebook.com/LeonovusInc/
Galaxa LinkedIn:
www.linkedin.com/company/galaxaxaas
Twitter: twitter.com/GalaxaXaaS
Facebook: www.facebook.com/GalaxaXaaS
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.
For More Information, please contact:
George PretliChief Financial Officer(613)
319-3540gpretli@leonovus.comwww.leonovus.com
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