Universal PropTech Inc. Announces Grant of Option

Universal PropTech Inc. Announces Grant of Option

Universal Proptech Inc. (TSXV: UPI) ("UPI" or the "Company") announces today that it has granted an aggregate of 1,000,000 options to officers, directors and employees of the Company pursuant to the Company's amended and restated stock option plan. The stock options vest immediately, and may be exercised at a price of $0.10 for a period of three years from the date of grant. The grant of options is subject to the approval of the TSX Venture Exchange.

About Universal Proptech Inc.

Universal Proptech Inc. (TSXV: UPI) is a leading building innovation company, selecting, integrating, deploying, and maintaining PropTech in healthy buildings. As trusted advisors, we provide holistic evidence-driven solutions and services for building developers, owners, and operators in Canada. UPI operates through its wholly owned subsidiary, VCI Controls Inc. ("VCI"), a leading supplier and integrator of PropTech healthy building solutions and services. VCI is an industry leader in the acquisition and deployment of intelligent building technology, including the integration of all building systems utilizing the latest in communications technologies and standards. VCI's business focuses on digital controls and mechanical services, performance monitoring, and energy efficiency solutions.

With headquarters in Toronto, Universal Proptech Inc. has offices across Canada including, Halifax, Montreal, and Ottawa. For more information, visit www.universalproptech.com.

Contact Information

Universal Proptech Inc.
Chris Hazelton
President and Chief Executive Officer
chazelton@universalproptech.com
(647) 300-2957

Learn More About Universal PropTech

The Company diligently posts updates through videos from the official company YouTube channel:
https://www.youtube.com/channel/UCRYxig8nvpmMeDNaK_6OOSw

Please join the conversation on our Universal PropTech supporter's telegram group at: https://t.me/UniversalPropTech

Forward-Looking Statements

Certain information provided in this press release constitutes forward-looking statements and information within the meaning of applicable securities laws. Forward-looking information typically contains statements with words such as "anticipate", "believe", "forecast", expect", "plan", "intend", "estimate", "propose", "project", or similar words suggesting future outcomes. The Company cautions readers and prospective investors in the Company's securities not to place undue reliance on forward-looking information as, by its nature, it is based on current expectations regarding future events that involve a number of assumptions, inherent risks and uncertainties, which could cause actual results to differ materially from those anticipated by the Company.

The forward-looking information included herein is expressly qualified in its entirety by this cautionary statement. The forward-looking information included herein is made as of the date hereof and the Company assumes no obligation to update or revise any forward-looking information to reflect new events or circumstances, except as required by law.

Neither the TSX Venture Exchange ("Exchange"), nor its Regulation Services Provider (as that term is defined in the policies of the Exchange) accepts responsibility for the adequacy or accuracy of this release. No stock exchange, securities commission or other regulatory authority has approved or disapproved the information contained herein.

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/134484

News Provided by Newsfile via QuoteMedia

UPI:CA
The Conversation (0)
prop tech news

Universal PropTech


Keep reading...Show less
Universal PropTech Inc. Announces Departure of Officer

Universal PropTech Inc. Announces Departure of Officer

Universal Proptech Inc. (TSXV: UPI) ("UPI" or the "Company") announces that Frank Carnevale will step down as the Company's Chief Growth Officer to pursue a new opportunity on May 10, 2022.

Chris Hazelton, CEO of UPI commented: "On behalf of the Board of the Directors and the Management team, I would like to express our gratitude for the leadership, strategic influence and guidance Frank has provided to the Company over the last few years. We wish Frank the best in his new role."

News Provided by Newsfile via QuoteMedia

Keep reading...Show less
Universal PropTech Update

Universal PropTech Update

Universal Proptech Inc. (TSXV: UPI) ("UPI" or the "Company") announces today that ISBRG Corp. ("ISBRG"), a Toronto-based privately held, data analytics company specializing in health-related applications, in which the Company holds a small equity interest and select exclusive agency rights, has provided a corporate update.

ISBRG's SpotLight-19© is designed to detect the presence of infection caused by SARS-CoV-2 virus. SpotLight-19© uses light to quickly scan a fingertip. The speed of the test (less than a minute) and cost of the test (approximately one dollar), combined with the non-invasive nature of the test (no body fluid or breath sample is required), has been designed to screen large numbers of people in largely populated venues (such as airports, businesses, arenas, etc.) without the prohibitive delays, cost and environmental damage associated with current chemical reagent, sample-based tests. The outcome of ISBRG's clinical trial data is currently under evaluation by Health Canada.

News Provided by Newsfile via QuoteMedia

Keep reading...Show less
isbrg corp

Universal PropTech Identifies Unhealthy Levels of Indoor Air Quality in Buildings and Highlights Progress with ISBRG Corp Investment

Universal Proptech Inc. (TSXV: UPI) (OTCQB: UPIPF) (FSE: 8LH) ("UPI" or the "Company") is pleased to announce the Company's advancements with Indoor Air Quality monitoring, and an update regarding ISBRG Corp. ("ISBRG"), an investee company in which UPI holds a small minority interest and certain Canadian distribution rights.

Indoor Air Quality Monitoring

News Provided by Newsfile via QuoteMedia

Keep reading...Show less
upi stock price

Universal PropTech Provides Updates on Executing Approximately $3 Million of Sales Backlog and $15 Million in Distribution Proposals

Universal Proptech Inc. (TSXV: UPI) (OTCQB: UPIPF) (FSE:8LH) ("UPI" or the "Company") is pleased to provide updates on the execution of approximately CAD $3 million of the Company's sales backlog over 3 months, producing approximately CAD $15 Million in distribution proposals by the Company's distributors, and on indoor air quality equipment sales commission.

The CEO of UPI Chris Hazelton comments: "We had a very busy summer, and we are very appreciative of our staff who literally worked around the clock for our customers considering the state of the pandemic." Chris Hazelton continued: "Our sales staff remains committed to growing our sales backlog and we look forward to increased orders from new and existing clients both in Canada and in the United States."

News Provided by Newsfile via QuoteMedia

Keep reading...Show less
"investingnews.com"

Universal PropTech Announces Awards of Approximately $1 Million in BAS Projects and Services

Universal Proptech Inc. (TSXV: UPI) (OTCQB: UPIPF) (FSE: 8LH) ("UPI" or the "Company") through it's wholly owned operating company, VCI Controls Inc., is pleased to announce contract awards of approximately $1 million in service contracts and project work in Building Automation Systems ("BAS"), in the month of September.

"We are very pleased that our BAS group has extended and renewed many of its service mandates with customers such as the Canadian Government and through their facility manager," commented Chris Hazelton, Chief Executive Officer, Universal Proptech Inc."Service contracts lead to additional repair revenue, and we continue to aggressively pursue project work from these sites and growing our installed base. I think it's a great start to Fiscal 2022."

News Provided by Newsfile via QuoteMedia

Keep reading...Show less

Latest Press Releases

Related News

×