OTTAWA, Sept. 11, 2014 /CNW/
- ProntoForms® Corporation (TSXV: PFM)
("ProntoForms"), today announced, pursuant to the
requirements of the TSX Venture Exchange, that it has granted
options to purchase 2,474,000 common shares to employees, directors
and officers, including 1,990,000 common shares to directors and
officers. The stock options form part of the overall annual
remuneration package and are exercisable at $0.40 per share. Stock option grants are
subject to necessary regulatory approvals.
ProntoForms also announced that it has extended a loan in the
amount of $338,433 to its Chief
Executive Officer, Alvaro Pombo, the
proceeds of which were used by Mr. Pombo to fund the costs of
exercising previously granted ProntoForms options. The loan
has a two year term and is secured by a pledge of ProntoForms
common shares held by Mr. Pombo.
About ProntoForms® and ProntoForms Corporation
ProntoForms is a mobile workflow solution used by 3,000 business
customers to collect, receive and submit data in the field.
Available for smartphones and tablets, the ProntoForms solution
incorporates a mobile device App, a Web management portal to manage
teams and data flow, and provides the ability to export or connect
data to the back office or to popular cloud services. The scalable
solution is deployed by any size business, in any industry, to
speed up business processes, raise productivity and achieve
operational excellence. ProntoForms is the Frost & Sullivan
winner of the North American Customer Value Leadership Award for
Mobile Forms. http://www.prontoforms.com
ProntoForms Corporation, has a powerful and proprietary patent
portfolio, from which the ProntoForms mobile App and Web reporting
portal have been developed. The company trades on the TSXV under
the symbol PFM. ProntoForms is the registered trademark of
ProntoForms Inc., a wholly-owned subsidiary of ProntoForms
Corporation. www.prontoforms.com
Neither the TSXV nor its Regulation Services Provider (as that
term is defined in the policies of the TSXV) accepts responsibility
for the adequacy or accuracy of this release.
SOURCE ProntoForms Corporation