Quantum Numbers Corp. Announces a Delay in Reporting the Company’s Financial Statements

Montreal, Canada, April 15, 2020 – (TSXV:QNC) Quantum Numbers Corp. (the “Corporation” or “QNC”) an innovative developer of cryptographic solutions based on Quantum Random Number Generator (QRNG), announces that due to the current Covid-19 crisis, the Corporation will issue its Financial Statements in mid-May.

Update on company activities

CMOS and Research

The special Quantum Technologies Program Grant offered by the Quebec Government has approved QNC’s funding request for its CMOS initiative. However, at the present time, the provincial government is primarily focused on managing the Covid-19 crisis. QNC is standing-by for further instructions and will communicate updates accordingly.

Patent

Having successfully obtained a second European Patent, QNC proceeded to file the latter in the previously selected countries: France, Finland, Germany, Great Britain, Italy, Netherlands, Spain and Sweden.

M&A Transaction

QNC is continuing its efforts to engage in the evaluation of a merger and acquisition transaction. Due to confinement measures enforced by the provincial and federal government, our Executive team remains highly engaged via video and conference calls with target acquisitions. QNC remains confident in its bid to proceed with a transaction in the coming months.

JC Phaneuf CEO

About Quantum Numbers Corp.

The Corporation’s mission is to address the growing demand for affordable hardware security for connected devices. Visit our website at www.quantumnumberscorp.com

For further information, please contact:

Pierre Miron, Chief Financial Officer
Tel: 438.858.8873
info@quantumnumberscorp.com

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accept responsibility for the adequacy or accuracy of this release.

News Releases