Toronto, ON – October 11, 2013 – VersaPay Corporation (TSXV: VPY) (“VersaPay”), a leading provider of cloud-based financial technology solutions, announces the grant of incentive stock options to an officer of the Company to purchase up to 430,000 common shares in the capital stock of the Company under its share option plan. The options are exercisable at a price of $1.35 per share on or before October 11, 2018, subject to the approval of the TSX Venture Exchange and applicable hold and Company vesting periods.
VersaPay is a financial technology company that delivers payment solutions for businesses. VersaPay, together with its partners, provides the hardware, technology, infrastructure and support services to enable businesses of all types required to accept and process electronic payments. In addition, the Company’s proprietary electronic invoice presentment and payment platform facilitates the efficient exchange of documents and payments between suppliers and customers. VersaPay has operations in Toronto, Montreal and Long Island, NY.
More information about VersaPay can be found at www.versapay.com.
Forward Looking and Other Cautionary Statements
This news release contains forward-looking statements and information that are based on the beliefs of management and reflect the Company’s current expectations. When used in this news release, the words “estimate”, “project”, “belief”, “anticipate”, “intend”, “expect”, “plan”, “predict”, “may” or “should” and the negative of these words or such variations thereon or comparable terminology, are intended to identify forward-looking statements and information. Such statements and information reflect the current view of the Company with respect to … Read more