Dealnet Announces Grant of Stock Options

Dealnet Announces Grant of Stock Options

TORONTO, Dec. 09, 2019 (GLOBE NEWSWIRE) — Dealnet Capital Corp. (“Dealnet” or the “Company”) (TSX VENTURE: DLS) today announced that the Board of Directors has granted a total of 1,850,000 stock options to employees of the Company. The grant includes options as part of employee compensation for 2019 in lieu of certain cash bonuses. The stock options will vest upon issuance at an exercise price of $0.070 per stock option.About Dealnet Capital Corp.Dealnet is the parent company of subsidiaries operating in two market segments, consumer finance and call centre. The Company operates in the consumer finance segment in Canada through EcoHome Financial Inc. (“EcoHome”) and its call centre segment under the One Contact banner (“One Contact”).EcoHome is a specialty finance company serving the $20 billion Canadian home improvement finance market. EcoHome develops and supports consumer sales financing programs for approved dealers and distributors under agreements with original equipment manufacturers (OEMs) that supply a wide range of home improvement products to the retail market. Through a dealer network, EcoHome underwrites, originates, funds and services the prime quality loans and leases that homeowners need to finance the acquisition and installation of capital assets that improve the quality, comfort and safety of their homes. One Contact, offers customer support services to both EcoHome and third-party institutions across Canada and the U.S.One Contact offers customer support services to both EcoHome and third-party institutions across Canada and the U.S.For additional information please visit www.sedar.com.Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.Contact InformationBrent Houlden                                                              
Chief Executive Officer                                              
(905) 695-8557 ext.1145                                           
bhoulden@dealnetcapital.com       
Mike Koshan
Chief Financial Officer
(905) 695-8557 ext. 1113
mkoshan@dealnetcapital.com                        

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