Quebec, QC, Canada / TheNewswire / April 13, 2017 - NuRAN Wireless Inc. (‘NuRAN Wireless” or the “Company”) (CSE:NUR) (OTC:NRRWF) is pleased to announce that the Board of Directors has granted options to acquire an aggregate of 825,000 common shares of the Corporation to consultants and employees with an exercise price of $0.30 per common share.

 

600,000 options were granted to consultants for a period of 30 months and will vest immediately. Each option entitles the holder thereof to purchase one common share in the capital of the Company at a price of $0.30 per share until October 14, 2018.

 

225,000 options were granted to employees for a period of 60 months. 112,500 options will vest on the first anniversary of the date of grant and 112,500 options will vest on the second anniversary of the date of grant. Each option entitles the holder thereof to purchase one common share in the capital of the Company at a price of $0.30 per share until April 14, 2022.

  

About NuRAN Wireless

                                               

NuRAN Wireless, with its wholly owned subsidiary Nutaq Innovation, is a leading supplier of mobile and broadband wireless solutions. Its innovative GSM, LTE, and White Space radio access network (RAN) and backhaul products dramatically drop the total cost of ownership, thereby creating new opportunities for mobile network operators and internet service providers.

The Company provides a variety of specialist systems for indoor coverage, rural and urban connectivity in emerging markets, connectivity to offshore platforms and ships, and for emergency and crisis communications.                                               

For further Information about NuRAN Wireless or Nutaq Innovations:

www.nuranwireless.com or www.nutaq.com

                                               

Martin Bédard and Patrice Rainville Co-Presidents and Co-CEOs       

Tel: (418) 914-7484                 Fax: (418) 914-9477          Toll Free: 1-855-914-7484        

Email:        info@nuranwireless.com     ;         info@nutaq.com  

 

No regulatory authority has approved or disapproved the information contained in this news release. The CSE does not accept responsibility for the adequacy or accuracy of this release.