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Quantum Numbers Corp. Provides Update on Filing of Annual Disclosure Documents for the Year 2019 and Q1 2020 Financial Disclosure

Tickers: XTSX:QNC
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Montreal, Quebec - TheNewswire - May 19, 2020 - (TSXV:QNC) Quantum Numbers Corp. (the "Corporation" or "QNC") Montreal, Canada, an innovative developer of cryptographic solutions based on Quantum Random Number Generator (QRNG), ) (TSX: MYA) provided an update with respect to filing of its annual financial statements and management's discussion and analysis for the year ended December 31, 2019 (collectively the "2019 annual documents"). The Corporation is providing this update in accordance with Decision No 2020-PDG-0023 of the Autorite des marches financiers (Quebec) (the "Exemption"). The Corporation intends to file the 2019 annual documents by the end of May 2020.

The Corporation further announced that it will be delaying the filing and delivery of its interim financial statements and related MD&A for the three months ended March 31, 2020 (the "Required Q1 Filings") in accordance with the Exemption. The Corporation currently intends to make the Required Q1 Filings by the end of June 2020.

Blackout in Effect for Management and Other Insiders

In accordance with the Corporation's Securities Trading Policy, the officers and directors of the Corporation and certain other persons will remain subject to a trading black-out pursuant to which such persons are prohibited from trading in any securities of the Corporation until such time the Required Q1 Filings are filed on SEDAR and a corresponding news release is issued by the Corporation.

Business Developments

There have been no material business developments since the date of the last interim financial statements, filed on November 21, 2019, a copy of which is available on SEDAR at www.sedar.com.

About Quantum Numbers Corp.

The Corporation's mission is to address the growing demand for affordable hardware security for connected devices. Visit our website at www.quantumnumberscorp.com

For further information, please contact:

Pierre Miron, Chief Financial Officer

Tel: 438.858.8873

Email: info@quantumnumberscorp.com

"Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accept responsibility for the adequacy or accuracy of this release."

To receive QNC press releases by email, send a message to: info@quantumnumberscorp.com and specify "QNC press releases" on the subject line. To unsubscribe QNC press releases, please send a message to: info@quantumnumberscorp.com.

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