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Data Deposit Box to begin trading on the CSE March 30

2015-03-27 16:50 ET - News Release

Mr. Troy Cheeseman reports

DATA DEPOSIT BOX INC. ANNOUNCES LISTING ON CSE AND GRANTS STOCK OPTIONS

Data Deposit Box Inc.'s common shares have been approved for listing on the Canadian Securities Exchange and will commence trading when the market opens on Monday, March 30, 2015.

The company also announces the grant, in accordance with the terms of the company's stock option plan, of an aggregate of 5.25 million stock options to directors, officers, employees and consultants of the company. Each such stock option is exercisable for one common share of the company at an exercise price of 30 cents or 50 cents per common share. The stock options are exercisable for five years, subject to vesting restrictions.

Other business

The company has also retained Trapeze Capital Corp. to provide market-making services in accordance with CSE policies. Under the terms of the agreement between the company and Trapeze dated March 27, 2015, Trapeze will receive compensation of $5,000 per month plus harmonized sales tax, and will not receive any common shares or options of the company as compensation. However, Trapeze and its clients may have or may acquire a direct interest in the securities of the company. The company and Trapeze are unrelated and unaffiliated entities; Trapeze is a member of the Investment Industry Regulatory Organization of Canada, a participating organization of the Toronto Stock Exchange and a member of the TSX Venture Exchange. The capital and securities required for any trade undertaken by Trapeze as principal will be provided by Trapeze. The agreement is for a term of six months.

We seek Safe Harbor.

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