Peeks Social Announces Extension of Private Placement
28 Janeiro 2019 - 10:00AM
Peeks Social Ltd. (TSXV: PEEK; OTCQB: PKSLF)
(“
Peeks Social” or the
“
Company”) is pleased to announce that, due to
investor interest, it is extending its previously announced
non-brokered private placement of senior secured convertible
debentures (“
Debentures”) (the “
Private
Placement”), for a period of 30 days, until February 27,
2019. The terms of the Private Placement remain the same as
disclosed in the Company’s news release dated December 27, 2018.
Neither the TSX Venture Exchange nor its
Regulation Services Provider (as that term is defined in the
policies of the TSX Venture Exchange) has reviewed or accepts
responsibility for the adequacy or accuracy of this Release.
For further information, please contact:
Peeks Social Ltd.
Mark Itwaru Chairman & Chief Executive
Officer 416-639-5339 mark@peeks.com
David Vinokurov Director Investor
Relations416-716-9281davidv@peeks.com
Forward-Looking Statements
Certain statements contained in this press
release contain forward-looking statements within the meaning of
Canadian securities laws. Words such as “may,” “would,” “could,”
“should,” “potential,” “will,” “seek,” “intend,” “plan,”
“anticipate,” “believe,” “estimate,” “expect” and similar
expressions as they relate to the Company, including closing of the
Private Placement are intended to identify forward-looking
information. All statements other than statements of historical
fact may be forward- looking information. Such statements reflect
the Company’s current views and intentions with respect to future
events, based on information available to the Company, and are
subject to certain risks, uncertainties and assumptions. Material
factors or assumptions were applied in providing forward-looking
information, including: receipt of the approval of the TSX Venture
Exchange; successfully negotiating definitive terms with the lender
for the Private Placement; and closing conditions being met. While
forward-looking statements are based on data, assumptions and
analyses that the Company believes are reasonable under the
circumstances, whether actual results, performance or developments
will meet the Company’s expectations and predictions depends on a
number of risks and uncertainties that could cause the actual
results, performance and financial condition of the Company to
differ materially from its expectations. Should any factor affect
the Company in an unexpected manner, or should assumptions
underlying the forward - looking information prove incorrect, the
actual results or events may differ materially from the results or
events predicted. Any such forward-looking information is expressly
qualified in its entirety by this cautionary statement. Moreover,
the Company does not assume responsibility for the accuracy or
completeness of such forward-looking information. The
forward-looking information included in this press release is made
as of the date of this press release, and the Company undertakes no
obligation to publicly update or revise any forward-looking
information, other than as required by applicable law.
The securities referred to in this news release
have not been, nor will they be, registered under the United States
Securities Act of 1933, as amended, and may not be offered or sold
within the United States or to, or for the account or benefit of,
U.S. persons absent U.S. registration or an applicable exemption
from the U.S. registration requirements. This news release does not
constitute an offer for sale of securities, nor a solicitation for
offers to buy any securities. Any public offering of securities in
the United States must be made by means of a prospectus containing
detailed information about the company and management, as well as
financial statements.
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