Pool Safe Inc. Announces Grant of Stock Options

Toronto, Ontario--(Newsfile Corp. - December 19, 2018) - The Board of Directors of Pool Safe Inc. (TSXV: POOL) ("Pool Safe" or the "Company") has approved the grant of 650,000 stock options to purchase common shares of the Company to a certain director as well as to a consultant of the Company. The options were issued with an exercise price of $0.11 per common share. The options granted to the Company's director have a term of five years, and will vest over a two-year period, with one-third (1/3) vesting immediately, and a further one-third (1/3) vesting on the first and second anniversary of the date of issuance. The options granted to the consultant have a term of two years, and will vest over a one-year period, with one-fourth (1/4) vesting immediately, and a further one-fourth (1/4) vesting each quarter thereafter. The issuance of the options is subject to all necessary approvals by the TSX Venture Exchange.

About Pool Safe Inc.
Pool Safe Inc. designs, develops and distributes a product known as the "Pool Safe", which functions as a multi-purpose personal poolside attendant. The Pool Safe is designed to provide safety, convenience and peace of mind for hotels, resorts, waterparks and cruise ship guests. Functions include: lockable safe, solar-powered charger for USB compatible electronic devices including phones, cameras and tablets in addition to beverage or server call-buttons, a beverage cooler and holders. Conveniently located alongside pool or beach lounge chairs, Pool Safe is a unique way of providing vacationers with a comforting sense of security for their belongings, while they enjoy their vacation.

For more information please visit www.poolsafeinc.com

Neither 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.

Cautionary Statements
Certain statements contained in this press release constitute forward-looking information. These statements relate to future events or future performance. The use of any of the words "could", "intend", "expect", "believe", "will", "projected", "estimated" and similar expressions and statements relating to matters that are not historical facts are intended to identify forward-looking information and are based on the Company's current belief or assumptions as to the outcome and timing of such future events. The forward looking information contained in this release is made as of the date hereof and the Company is not obligated to update or revise any forward-looking information, whether as a result of new information, future events or otherwise, except as required by applicable securities laws. Because of the risks, uncertainties and assumptions contained herein, investors should not place undue reliance on forward-looking information. The foregoing statements expressly qualify any forward-looking information contained herein.

SOURCE: Pool Safe Inc.
For further information:
Pool Safe Inc.
Steven Glaser, C.O.O.
T: 416-630-2444
E: sglaser@poolsafeinc.com

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