GlobeNewsWire — Voxtur Analytics Corp. (TSXV:VXTR) (“Voxtur” or “the Company”) today announced that, in accordance with the Restricted Share Unit Plan that was approved by the shareholders of Voxtur, previously iLOOKABOUT Corp., at its Special Meeting of Shareholders on January 22, 2021, the Company has granted a total of 7,250,000 Restricted Share Units to employees and a consultant which will vest 1/3 upon grant and 1/3 on each of the following two anniversaries of the grant date.
A complete copy of the Restricted Share Unit Plan can be found as Exhibit A of the Company’s Management Information Circular dated December 21, 2020, a copy of which is available at www.sedar.com. In addition, in accordance with the Company’s Stock Option Plan that was approved by the shareholders of Voxtur, previously iLOOKABOUT Corp., at its Annual and Special Meeting of Shareholders on September 25, 2020, the Company has granted a total of 14,167,231 Stock Options to employees. These options have an exercise price of $0.59 and will expire five years from the grant date if not exercised. Vesting of 12,950,000 of these options will be 1/3 upon grant and 1/3 on each of the following two anniversaries of the grant date. Vesting of 1,217,231 of these options will be 1/4 upon grant and 1/4 on each of the following three anniversaries of the grant date. A complete copy of the Stock Option Plan can be found as Exhibit A of the Company’s Management Information Circular dated August 20, 2020, a copy of which is available at www.sedar.com.
Voxtur is a transformational real estate technology company that is redefining industry standards in a dynamic lending environment. The Company offers targeted data analytics to simplify tax solutions, property valuation and settlement services throughout the lending lifecycle for investors, lenders, government agencies and servicers. Voxtur’s proprietary data hub and workflow platforms more accurately and efficiently value assets, originate and service loans, securitize portfolios and evaluate tax assessments. The Company serves the property lending and property tax sectors, both public and private, in the United States and Canada. For more information, visit www.voxtur.com.
Anow is an appraisal management software that simplifies the way real estate appraisers manage their businesses. Launched in 2011 by multi-generational appraisal professional Marty Haldane, Anow streamlines a wide range of everyday appraisal processes while offering unmatched business insights to help appraisers compete in today’s digital environment. Powerful order tracking, job assignment, collaboration, scheduling tools, and mobile apps allow appraisers and administrative staff to save time, assign appraisals more easily and deliver exceptional service to clients and mortgage lenders from any webenabled device. Advanced reporting enables business owners to manage fee competition and turn times with ease.
This news release contains forward-looking statements that involve known and unknown risks, uncertainties and assumptions that may not be realized. These statements relate to future events or future performance and reflect management’s current expectations and assumptions which are based on information currently available to management. There is significant risk that forward-looking statements will not prove to be accurate. A number of factors could cause actual results, performance or achievements, or other future events, to be materially different from any future results, performance or achievements discussed in the forward-looking statements. The inclusion of forward-looking statements and information should not be regarded as a representation of Voxtur or any other person that the anticipated results will be achieved, and investors are cautioned not to place undue reliance on such information.
These forward-looking statements are made as of the date of this news release and, accordingly, are subject to change after such date. Voxtur does not assume any obligation to update or revise this information to reflect new events or circumstances except as required in accordance with applicable laws.
Voxtur’s common shares are traded on the TSX Venture Exchange under the symbol VXTR and in the US on the OTCQB under the symbol VXTRF.