KELOWNA, British Columbia, Feb. 27, 2018 (GLOBE NEWSWIRE) --
Hilltop Cybersecurity (CSE:CYBX) ("Hilltop" or the "Company") is pleased to announce that it has appointed Paul Matysek to Special Advisor to the Board of Directors. Mr. Matysek is a proven company builder with over 30 years of experience in the public markets - having founded, built and sold five companies in the past ten years and created shareholder value in excess of $2.5 billion. He built Energy Metals Corporation, which was sold to UraniumOne in 2007 for $1.8 billion, Potash One which sold to K+S Ag for $434 million in 2011, Lithium One which merged with Galaxy Resources for $112 million in 2012 and, most recently, sold Goldrock Mines Corp to Fortuna Silver Mines for $178 million in July 2016. Mr. Matysek is currently Executive Chairman of Lithium X Energy Corp which was recently offered $2.61/share cash for the company.
Corby Marshall, CEO of Hilltop Cybersecurity, said, “We are delighted that Mr. Matysek has agreed to join Hilltop as a Special Advisor. His overwhelming success as a company builder will prove of great value to the company as we continue to execute on our business strategy. The cybersecurity and cryptocurrency sectors are moving at an extremely rapid pace and, with our patented cybersecurity technology, our team is excited by the potential ahead of us."
Paul Matysek, Special Advisor to the Board of Hilltop Cybersecurity, said, “With over 1400 crypto-currencies, and consumer adoption growing at a tremendous rate, there has never been a greater need for enhanced security. With its patented biometric security for crypto-currency transactions and cold storage, and its ability to protect Exchanges with its Vauban platform, Hilltop is at the forefront of this critical part of the crypto-currency revolution.”
The Company also announces that Ross McElroy has resigned from the Board of Directors. The Company thanks him for his service and support.
The Company also announces that on February 26, 2018 it granted a total of 2.4 million incentive stock options to (the “Options”) to certain of its directors, officers and consultants pursuant to the Company’s 10% incentive stock option plan. All of the Options vest on the date of grant and are exercisable for a two (2) year period at a price of $.70 per Share.
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About Hilltop Cybersecurity
Hilltop Cybersecurity (CSE:CYBX) is a cybersecurity and cryptocurrency security specialist. The Company has developed a unique, patented, cybersecurity platform, designed to protect businesses from external and internal cyber attack and has also patented its biometric security solution for crypto-currencies. The Company is listed on the Canadian Stock Exchange and trades under the symbol: CYBX. A US listing is imminent.
Source:Hilltop Cybersecurity Inc.