Quantum eMotion is Unaware of Any Material Change in Operations

Rhea-AI Summary

Quantum eMotion Corp (TSXV: QNC) (OTCQB: QNCCF) has issued a statement in response to a request from CIRO regarding recent market activities. The company confirms that management is unaware of any material changes in its operations beyond those already disclosed in their recent progress report that could explain the increased market activity. This statement was made in accordance with TSX Venture Exchange regulations.

Montreal, Quebec--(Newsfile Corp. - December 11, 2024) - Quantum eMotion Corp. (TSXV: QNC) (OTCQB: QNCCF) is unaware of any Material Change to its stock price.

At the request of CIRO, Quantum eMotion Corp. confirms that its management is unaware of any material changes in the Company's operations, other than those publicly disclosed in the recent progress report, that could explain the recent increase in market activities.

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

About QeM

The Company's mission is to address the growing demand for affordable hardware and software security for connected devices. QeM has become a pioneering force in classical and quantum cybersecurity solutions thanks to its patented Quantum Random Number Generator, a security solution that exploits the built-in unpredictability of quantum mechanics and promises to provide enhanced protection for high-value assets and critical systems.

The Company intends to target highly valued Financial Services, Healthcare, Blockchain Applications, Cloud-Based IT Security Infrastructure, Classified Government Networks and Communication Systems, Secure Device Keying (IOT, Automotive, Consumer Electronics) and Quantum Cryptography.

For further information, please visit our website at https://www.quantumemotion.com/ or contact:

Francis Bellido, Chief Executive Officer
Tel: 514.956.2525
Email: info@quantumemotion.com
Website: www.quantumemotion.com

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

This press release may contain forward-looking statements that are subject to known and unknown risks and uncertainties that could cause actual results to vary materially from targeted results. Such risks and uncertainties include those described in the Corporation's periodic reports including the annual report or in the filings made by Quantum from time to time with securities regulatory authorities.

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/233421

FAQ

What caused the recent stock price movement in Quantum eMotion (QNCCF)?

According to the company's statement, management is unaware of any material changes in operations that could explain the recent market activities, beyond what was already disclosed in their recent progress report.

Has Quantum eMotion (QNCCF) disclosed any new material changes as of December 11, 2024?

No, Quantum eMotion has confirmed that there are no new material changes in the company's operations beyond those already publicly disclosed in their recent progress report.

Why did CIRO request information from Quantum eMotion (QNCCF)?

CIRO requested information from Quantum eMotion regarding recent market activities and price movements in the company's stock.

What exchanges is Quantum eMotion stock traded on?

Quantum eMotion is traded on the TSX Venture Exchange under the symbol QNC and on the OTCQB under the symbol QNCCF.