DEQ Issues Stock Options

Aug 26, 2015, 08:50 ET from DEQ SYSTEMS CORP.

LEVIS, QC and LAS VEGAS, Aug. 26, 2015 /PRNewswire/ - DEQ Systems Corp. (TSX-V: DEQ) ("DEQ" or the "Company") announces today the issuance of the following stock option grants.

100,000 stock options were issued to Mr. Jon L. Whipple, member of the DEQ Board of Directors and Audit Committee Chairman, in accordance with the stock option plan of the Company.  Each option will confer to Mr. Whipple the right to subscribe one (1) common share of DEQ Systems Corp. at an exercise price of eighteen cents ($0.18) per share. Mr. Whipple's stock options are fully vested as of the date of grant.

100,000 stock options were issued to Mr. Alain Cousineau, member of the DEQ Board of Directors and Compliance Committee Chairman, in accordance with the stock option plan of the Company.  Each option will confer to Mr. Cousineau the right to subscribe one (1) common share of DEQ Systems Corp. at an exercise price of eighteen cents ($0.18) per share. Mr. Cousineau's stock options are fully vested as of the date of grant.

150,000 stock options were issued to Mr. Joseph Bertolone, President and Chief Executive Officer of the Company, in accordance with the stock option plan of the Company.  Each option will confer to Mr. Bertolone the right to subscribe one (1) common share of DEQ Systems Corp. at an exercise price of eighteen cents ($0.18) per share.  Mr. Bertolone's stock options will be vested one-third per year over a three-year term starting from the first anniversary date of the date of grant.

ABOUT DEQ

DEQ Systems Corp. (TSXV: DEQ) is a market leader in Table Game Systems, live and online Proprietary Table Games content and Table Top Utility solutions. DEQ markets industry leading brands such as our G3™ Table Progressive System and our EZ Baccarat™ live and online Proprietary Table Game content. DEQ's systems and games are installed in over 300 casinos, in 30 countries around the world.  For further information, please visit www.deq.com.

Neither the 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.

 

SOURCE DEQ SYSTEMS CORP.



RELATED LINKS

http://www.deq.com/en/