Sherwood Park, Albert / ACCESSWIRE / July 9th, 2014 / Virtutone Networks Inc. ("Virtutone" or the "Corporation") (TSX Venture: VFX.V) announces that it has issued an aggregate of 990,000 stock options to Mr. Woods, Mr. Allen and other employees of the Corporation in accordance with the Corporation's shareholder approved stock option plan The stock options are exercisable at a price of 0.27 per share.
About Virtutone Networks Inc.
Virtutone Networks Inc. is a technology company based in Sherwood Park, Alberta and is listed on the TSX Venture Exchange in Canada. The Corporation is a leading supplier of wholesale telecommunication services. Additional information can be found on the Corporation's website at www.virtutone.ca and under the Corporation's profile on www.sedar.com.
This press release shall not constitute an offer to sell or a solicitation of an offer to buy the securities in any jurisdiction. The common shares of Virtutone will not be and have not been registered under the United States Securities Act of 1933, as amended, and may not be offered or sold in the United States, or to a U.S. person, absent registration or applicable exemption therefrom.
For further information, please contact Jason Allen at 780-702-5777.
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.
NOT FOR DISTRIBUTION TO THE U.S. NEWS WIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES. ANY FAILURE TO COMPLY WITH THIS RESTRICTION MAY CONSTITUTE A VIOLATION OF UNITED STATES SECURITIES LAW.