Quantum eMotion Corp. (TSX-V: QNC)
- Type of financing: Non-brokered
- Gross proceeds: $2 million
- Number of units: 40 million
- Price per unit: $0.05
- Closing date: 01/15/2022
- Today's closing price (May 24): $0.29
- Share appreciation: 480%
- Warrants: Full
- Strike Price: $0.15
- Expiry date: 01/15/26
- Changed named from Quantum Numbers Corp. earlier this year
- Developing new systems to generate quantum random number for use in cybersecurity applications
- The company says that "Quantum-level security is the only way to create secure
- communication in mobile devices, data centres and even medical implants, to name just a few key markets."
- The company released its quantum number generator in March, calling it "the fastest quantum entropy source on the market today"