Ynvisible Interactive Inc.(TSX-V: YNV, FSE: 1XNA, OTCQB: YNVYF) reports that it has filed its condensed consolidated interim financial statements and interim MD&A relating to its second quarter ended June 30, 2021. These filings can be accessed under the Company’s profile on SEDAR and on Ynvisible's Investor Center.
The Company also announces it has granted 250,000 incentive stock options to a certain director of the Company to purchase up to a total of 250,000 common shares of the Company at a price of $0.55 per common share for a period of five (5) years.
The stock options vest over a period of one year and are subject to the terms of the Company's share option plan and regulatory approval.
About Ynvisible Interactive Inc.
Ynvisible aims to be a leading company in the emerging printed and flexible electronics sector. Printed electronics are a key enabler of mass adoption of the Internet of Things ("IoT") and smart objects, given the cost and power-consumption advantages over conventional electronics. Ynvisible has the experience, know-how and intellectual property in electrochromic materials, inks, and systems. Ynvisible's interactive printed graphics solutions solve the need for ultra-low power, mass deployable, & easy-to-use electronic displays and indicators for everyday smart objects, IoT devices, and ambient intelligence (intelligent surfaces). Ynvisible offers a mix of services, materials and technology to brand owners developing smart objects and IoT products. Additional information on Ynvisible is available at www.ynvisible.com
ON BEHALF OF THE BOARD OF DIRECTORS
"Ramin Heydarpour," Chairman of the Board, Ynvisible Interactive Inc.
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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 certain statements that may be deemed "forward-looking" statements. Forward-looking statements are statements that are not historical facts and are generally, but not always, identified by the words "expects", "plans", "anticipates", "believes", "intends", "estimates", "projects", "potential" and similar expressions, or that events or conditions "will", "would", "may", "could" or "should" occur. Although Ynvisible Interactive Inc. believes the expectations expressed in such forward-looking statements are based on reasonable assumptions, such statements are not guarantees of future performance and actual results may differ materially from those in forward looking statements. Forward looking statements are based on the beliefs, estimates and opinions of Ynvisible Interactive Inc. management on the date the statements are made. Except as required by law, Ynvisible Interactive Inc. undertakes no obligation to update these forward-looking statements in the event that management's beliefs, estimates or opinions, or other factors, should change.
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Ynvisible announces that it has granted stock options to certain officers, directors, and employees of the Company to acquire an aggregate of 520,000 common shares in the capital of the Company (the “Stock Options”), pursuant to the Company’s omnibus equity incentive compensation plan.