Intema announces closing of $600,000 private placement
18 12월 2020 - 10:34PM
Intema Solutions Inc. (“
Intema”
or the “
Corporation”) (TSXV: ITM, OTCMKTS: ITMZF),
maker of eFlyerMaker.com, an email platform with extensive
compliance and content creation suites, is pleased to announce the
closing of a non-brokered private placement for total gross
proceeds of $600,000. In exchange, the Corporation has issued
12,000,000 common shares at $0.05 per share and 6,000,000 warrants.
Each whole warrant entitles its holder to purchase an additional
common share at $0.12 per share for a period of 12 months following
the closing of the private placement.
“This private placement will allow us to invest
in growth opportunities with short-term revenue potential like
HealthCentric AI, or other similar projects in machine learning,
Internet of Things, blockchain or other promising sectors,” said
Laurent Benezra, President and Chief Executive Officer of
Intema.
The Corporation will use the proceeds of the
private placement to implement its growth strategy and for general
corporate purposes.
In connection with the private placement,
certain arm's-length parties may receive a cash finder's fee
payment equal to 8% of the gross proceeds of the private placement
that is sold to subscribers introduced by such parties, and
finder’s warrants to purchase that number of common shares in the
capital of the Corporation equal to 8% of the private placement
that is sold to subscribers introduced by such parties, with each
finder's warrant being exercisable for one common share of the
Corporation at a price of $0.12 per share for a period of one year
following the closing of the private placement.
All securities issued pursuant to this private
placement are subject to a mandatory hold period of four months and
one day under applicable Canadian securities legislation. The
private placement remains subject to final TSX Venture Exchange
approval.
About Intema Solutions
Inc.Intema has been simplifying and optimizing the online
marketing activities of medium and large companies through
innovative technologies and cutting-edge expertise for over 20
years. A Canadian leader in permission-based email marketing,
Intema provides a wide range of products and services, including
SMS, content and predictive AI marketing, as well as related
professional services. For more information, please visit our
corporate website at intema.com.
Forward-looking statementsThis
press release may contain “forward-looking statements”. All
statements in this press release other than statements of
historical facts, including, without limitation, those
regarding the financial performance of the Corporation;
expected development of the Corporation’s business and projects;
execution of the Corporation’s vision and growth strategy; sources
and availability of financing for the Corporation’s projects;
renewal of the Corporation’s current customer, supplier and other
material agreements; and future liquidity, working capital and
capital requirements are forward-looking statements. Although the
forward-looking statements in this press release are based upon
what management of the Corporation believes are reasonable
assumptions, there can be no assurance that they will prove to be
accurate and that the acquisition will be completed as planned,
that the financing will take place as described and that
regulatory/TSXV approval will be obtained as actual results and
future events could differ materially from those anticipated in
such statements. The Corporation undertakes no obligation to update
forward-looking statements except as required by applicable
securities laws. The reader is cautioned not to place undue
reliance on forward-looking statements.
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.
For
more information: |
|
|
|
Intema Solutions Inc. |
|
Laurent Benezra |
Alain Béland |
(514) 465-5453 |
(514) 947-5784 |
laurent@intema.ca |
alain@intema.ca |
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