QSE Grants Stock Options

Rhea-AI Summary

Quantum Secure Encryption (OTCQB: QSEGF) granted stock options to directors, officers, employees and consultants on April 7, 2026. The grant covers up to 2,600,000 common shares at an exercise price of $0.40 per share and expires five years from the grant date.

Options are subject to vesting requirements as determined by the board of directors.

News Market Reaction – QSEGF

-9.33%

1 alert

-9.33% News Effect

On the day this news was published, QSEGF declined 9.33%, reflecting a notable negative market reaction.

Data tracked by StockTitan Argus on the day of publication.

Vancouver, British Columbia--(Newsfile Corp. - April 7, 2026) - QSE - Quantum Secure Encryption Corp. (CSE: QSE) (OTCQB: QSEGF) (FSE: VN80) today announced the grant of stock options to purchase up to 2,600,000 common shares of the Company to its directors, officers, employees and consultants. The options are exercisable at $0.40 per share, expire five years from the date of grant and subject to certain vesting requirements as determined by the board of directors.

About QSE - Quantum Secure Encryption Corp.

QSE - Quantum Secure Encryption Corp. is a Canadian technology company specializing in post-quantum data security, encryption, and secure data infrastructure. Built around quantum-delivered entropy and zero-knowledge architecture, QSE's solutions help protect sensitive data from current cyber threats and future quantum-enabled attacks. QSE serves organizations across commercial, enterprise, and public-sector environments requiring long-term data confidentiality and resilience.

For more information on QSE's quantum security solutions, visit www.qse.group or contact sales@qse.group.

Contact Information

Ted Carefoot
Chief Executive Officer
QSE - Quantum Secure Encryption Corp

Email: ted@qse.group
Website: www.qse.group

Cautionary Note Regarding Forward-Looking Statements

This news release contains forward-looking statements that constitute forward-looking information (collectively, "forward-looking statements") within the meaning of applicable Canadian securities legislation. All statements in this news release that are not purely historical statements of fact are forward-looking statements and include statements regarding beliefs, plans, expectations, future, strategy, objectives, goals and targets, and more specifically, the use of proceeds of the Offering. Although the Company believes that such statements are reasonable and reflect expectations of future developments and other factors which management believes to be reasonable and relevant, the Company can give no assurance that such expectations will prove to be correct. Forward-looking statements are typically identified by words such as: "believes", "expects", "aim", "anticipates", "intends", "estimates", "plans", "may", "should", "would", "will", "potential", "scheduled" or variations of such words and phrases and similar expressions, which, by their nature, refer to future events or results that may, could, would, might or will occur or be taken or achieved. Forward-looking statements involve known and unknown risks and are based on assumptions and analyses made by the Company in light of its experience and its perception of historical trends, current conditions and expected future developments, including, but not limited to, those risks and assumptions described in the Company's latest management discussion and analysis, a copy of which is available under the Company's profile on SEDAR at www.sedarplus.ca. While QSE considers these assumptions to be reasonable, based on information currently available, they may prove to be incorrect. Readers are cautioned not to place undue reliance on any forward-looking statements, which speak only as of the date of this press release. In addition, forward-looking statements necessarily involve known and unknown risks, including, without limitation, risks associated with general economic conditions, continued satisfaction of Canadian Securities Exchange requirements, product safety and recalls, regulatory compliance and risks associated with the Company's business. Forward-looking statements are made as of the date of this news release and, unless required by applicable law, the Company assumes no obligation to update the forward looking statements or to update the reasons why actual results could differ from those projected in these forward-looking statements. All forward-looking statements are qualified in their entirety by this cautionary statement.

The Canadian Securities Exchange has in no way passed upon the merits of the business of the Company and has neither approved nor disapproved the contents of this news release and accepts no responsibility for the adequacy or accuracy hereof.

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/291428

FAQ

How many shares were included in the QSEGF stock option grant on April 7, 2026?

The company granted options for up to 2,600,000 common shares, exercisable at $0.40 per share. According to Quantum Secure Encryption, the options were issued to directors, officers, employees and consultants and expire five years from the grant date.

What is the exercise price and expiry for the QSEGF options granted April 7, 2026?

The options carry an exercise price of $0.40 per share and expire five years after grant. According to Quantum Secure Encryption, standard board-determined vesting requirements apply to these option awards.

Who received the QSEGF option grants announced April 7, 2026?

Options were granted to the company's directors, officers, employees and consultants. According to Quantum Secure Encryption, the awards cover up to 2,600,000 common shares and include vesting terms set by the board.

How might the QSEGF option grant affect existing shareholders?

The grant could increase potential share dilution if fully exercised, depending on outstanding shares and treasury actions. According to Quantum Secure Encryption, the options total 2,600,000 shares exercisable at $0.40 and expire in five years.

Where can investors find details about the QSEGF option vesting and terms?

Specific vesting schedules and terms are determined by the board and disclosed as required by corporate filings. According to Quantum Secure Encryption, options are subject to board-determined vesting requirements and five-year expiries.