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SIGNIFICANT EVENTS AND TRANSACTIONS SUBSEQUENT TO THE PERIOD
On 27 March 2018, the Company launched a new website bringing the eWallet, merchan
t portal, NC Exchange,
N
etCents Coin
, and
front
-
end
design into one seamless user and merchant experience
On 21 March 2018, the Company added Guy Lepage to the Board of
Advisors
On 13 March 2018, the company announced the upcoming launch of a referral and loyalty
program
On 6 March 2018, the Company appointed Clarity PR its PR Agency of Record
On 1 February 2018, the Company added Litecoin to the NC Exchange
On 13 February 2018, the Company granted 60,000 stock options to employees. Each option entitles the holder
to
purchase one common share at $1.95 per share at any time before 13 February 2022.
Subsequent to 31 January 2018, the Company issued 62,360 common shares of the Company in connection with
the exercise of warrants.
On 13 February 2018 the Company entere
d into a premises lease agreement for a period of seven years and four
months commencing on February 1, 2018 and expiring on July 30, 2025. The annual base rent will be $254,880 per
annum, plus the Company’s proportionate share of property taxes and operat
ing expenses, which are estimated to
be $174,434 per annum for 2018.
On 21 February 2018, the Company announced the completion of integration with Aliant Payment Systems and the
onboarding of merchants
On 1 March 2018, the Company hire
d
Edison Investment
Research Group
On 30 March 2018, the Company cancelled 703,470 of the common shares common shares which were originally
issued as consideration for services on 7 December 2017