Category

Press Releases

Zoomaway Update – Proposed Convertible Debt Issuance

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VANCOUVER, BC / ACCESSWIRE / December 6, 2019 / ZoomAway Travel Inc. (TSXV:ZMA) (the “Company” or “ZMA”) www.zoomaway.com, a leader in the hospitality technology sector, is providing an update today, following up on its earlier press release of October 3rd. The Company had made an application for price reservation for a proposed issuance of convertible notes, but the timeline to close that proposed financing has now expired. The Company will be re-applying today to again reserve pricing for such convertible notes and continues to work towards completing this proposed financing.

Similar to the Company’s earlier disclosure, the Company is negotiating a convertible debt financing which would involve the issuance of up to US$750,000 (approx. CAD$1,000,000) of Convertible Notes. Such Notes may be issued in tranches and will are expected to be convertible into Common Shares of the Company at a conversion price of CAD$0.08 per share in the first 12 months following issuance and convertible at CAD$0.10 per share for the next 12 months following their date of issue. The Notes will be issued for a 2-year term. The Offering is being structured for the existing lender, likely on terms similar to the offering of Convertible Notes completed in April 2019. Again, the Offering and its terms are subject to TSX Venture Exchange approval. It is not expected that any of the Directors or Officers of the Company, or their associates, will be purchasing Convertible Notes. Net proceeds from the Offering will be used for general working capital, continued development, and next stage marketing and sales efforts of its flagship product, ZoomedOUT.

Sean Schaeffer, CEO of Zoomaway Travel, commented, “We have not yet closed on the proposed convertible debt financing announced in early October. The Company is making every effort to keep its options open and that we have any and all necessary funding options available should we decide to proceed down this path.”

NOT FOR DISSEMINATION OR RELEASE IN THE UNITED STATES FOR IMMEDIATE RELEASE IN CANADA

For additional information contact: Sean Schaeffer, President, ZoomAway Inc., at 775-691-8860 | sean@zoomaway.com or stay up-to-date and sign up for our newsletter.

About Us

ZoomAway, Inc. (Nevada Co.) provides leading hotels, golf resorts, ski resorts, and activity providers with a seamless, scalable, and fully integrated technology platform that allows for the discounted packaging of lodging, ski, golf, activities, and attractions. It seamlessly integrates into client websites, providing their customers with a real time one-stop shop for all of their travel and recreational needs. Additional information about ZoomAway Inc. can be found at www.zoomaway.com.

Travel Game Blockchain Inc. (Canadian Co.) is a new ZoomAway Travel, Inc. subsidiary company dedicated to housing new projects in the digital games and blockchain formats. The companies first proposed project is ZoomedOUT which can be seen at www.zoomedout.io. To receive more detailed, or investor level information, please contact us at info@zoomedout.io and we will respond with the appropriate documentation depending on your request.

About Zero8

Zero8 Studios, based in Reno, Nevada, specializes in new and innovative games and technology platforms. With a focus on social gaming and almost two decades of experience building countless game titles, gaming platforms, and various technologies. The Zero8 Studios’ team has assisted dozens of AAA publishers, large clientele, manufacturers, and casinos in the design, production, and delivery of their products to players around the world. Additional information can be found at www.zero8studios.com

Forward-Looking Statements
This release includes certain statements that may be deemed “forward-looking statements”. All statements in this release, other than statements of historical facts, that address events or developments that the Company expects to occur, are forward-looking statements. Forward-looking statements are statements that are not historical facts and are generally, but not always, identified by the words “expects”, “plans”, “anticipates”, “believes”, “intends”, “estimates”, “projects”, “potential” and similar expressions, or that events or conditions “will”, “would”, “may”, “could” or “should” occur. Although the Company believes the expectations expressed in such forward-looking statements are based on reasonable assumptions, such statements are not guarantees of future performance and actual results may differ materially from those in the forward-looking statements. Factors that could cause the actual results to differ materially from those in forward-looking statements include regulatory actions, market prices, and continued availability of capital and financing, and general economic, market or business conditions. Investors are cautioned that any such statements are not guarantees of future performance and actual results or developments may differ materially from those projected in the forward-looking statements. Forward-looking statements are based on the beliefs, estimates and opinions of the Company’s management on the date the statements are made. Except as required by applicable securities laws, the Company undertakes no obligation to update these forward-looking statements in the event that management’s beliefs, estimates or opinions, or other factors, should change.

Neither the TSX Venture Exchange nor its Regulation Service Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release. The TSX Venture Exchange Inc. has in no way passed upon the merits of the proposed Offering and has neither approved nor disapproved the contents of this press release.

ZoomAway Finalizes Acquisition of Tieritup

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VANCOUVER, BC / ACCESSWIRE / December 6, 2019 / ZoomAway Travel Inc. (TSXV:ZMA) (the “Company” or “ZMA”) www.zoomaway.com, a leader in the hospitality technology sector, is proud to announce that it has received final exchange approval to purchase the assets of Tieritup Inc. (“Tieritup”), the creators of the Tripsee Travel Platform (www.tripsee.travel). The terms of the acquisition were originally announced on August 23rd 2019 and can be found at the following link: https://zoomaway.com/2019/08/23/zoomaway-inks-definitive-agreement/

Sean Schaeffer, CEO of Zoomaway Travel, commented, “The process to finish this took longer than we had expected, but in the end, we are very excited to get working with the product. Our priority will be working on the Group and Event Registration platform, and after that we will tackle the retail website (www.tripsee.travel) to get various pieces working and to eventually plug in our access to over 120,000 hotels worldwide. Possible integration with any of our ZoomedOUT plans will also be in the forefront of our work in this platform as well.”

Raymond Martinez, Co-Founder of Tieritup Inc. and current employee at Unity Technologies stated, “We are very excited to be shareholders of ZMA, and we can’t wait to see where our products go from here. I believe that Zoomaway has great plans with all its products, especially ZoomedOUT. We will be here to help transition and remain active friends of the Company.”

NOT FOR DISSEMINATION OR RELEASE IN THE UNITED STATES FOR IMMEDIATE RELEASE IN CANADA

For additional information contact: Sean Schaeffer, President, ZoomAway Inc., at 775-691-8860 | sean@zoomaway.com or stay up-to-date and sign up for our newsletter.

About Us

ZoomAway, Inc. (Nevada Co.) provides leading hotels, golf resorts, ski resorts, and activity providers with a seamless, scalable, and fully integrated technology platform that allows for the discounted packaging of lodging, ski, golf, activities, and attractions. It seamlessly integrates into client websites, providing their customers with a real time one-stop shop for all of their travel and recreational needs. Additional information about ZoomAway Inc. can be found at www.zoomaway.com.

Travel Game Blockchain Inc. (Canadian Co.) is a new ZoomAway Travel, Inc. subsidiary company dedicated to housing new projects in the digital games and blockchain formats. The companies first proposed project is ZoomedOUT which can be seen at www.zoomedout.io. To receive more detailed, or investor level information, please contact us at info@zoomedout.io and we will respond with the appropriate documentation depending on your request.

About Zero8

Zero8 Studios, based in Reno, Nevada, specializes in new and innovative games and technology platforms. With a focus on social gaming and almost two decades of experience building countless game titles, gaming platforms, and various technologies. The Zero8 Studios’ team has assisted dozens of AAA publishers, large clientele, manufacturers, and casinos in the design, production, and delivery of their products to players around the world. Additional information can be found at www.zero8studios.com

Forward-Looking Statements
This release includes certain statements that may be deemed “forward-looking statements”. All statements in this release, other than statements of historical facts, that address events or developments that the Company expects to occur, are forward-looking statements. Forward-looking statements are statements that are not historical facts and are generally, but not always, identified by the words “expects”, “plans”, “anticipates”, “believes”, “intends”, “estimates”, “projects”, “potential” and similar expressions, or that events or conditions “will”, “would”, “may”, “could” or “should” occur. Although the Company believes the expectations expressed in such forward-looking statements are based on reasonable assumptions, such statements are not guarantees of future performance and actual results may differ materially from those in the forward-looking statements. Factors that could cause the actual results to differ materially from those in forward-looking statements include regulatory actions, market prices, and continued availability of capital and financing, and general economic, market or business conditions. Investors are cautioned that any such statements are not guarantees of future performance and actual results or developments may differ materially from those projected in the forward-looking statements. Forward-looking statements are based on the beliefs, estimates and opinions of the Company’s management on the date the statements are made. Except as required by applicable securities laws, the Company undertakes no obligation to update these forward-looking statements in the event that management’s beliefs, estimates or opinions, or other factors, should change.

Neither the TSX Venture Exchange nor its Regulation Service Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release. The TSX Venture Exchange Inc. has in no way passed upon the merits of the proposed Offering and has neither approved nor disapproved the contents of this press release.

ZoomAway Production Updates and New CEO Letter Added to Website

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VANCOUVER, BC / ACCESSWIRE / November 15, 2019 / ZoomAway Travel Inc. (TSX-V:ZMA) (the “Company”) www.zoomaway.com, a leader in the hospitality technology sector, is pleased to update production progress on its revolutionary product ZoomedOUT and, that it has added a new letter from CEO Sean Schaeffer to its website.

The company is pleased to announce that ZoomedOUT is on schedule, the vertical slice has been done for some time now and the project is in full production. Our production partners Zero 8 Studios have been hard at work with this massive project and the Zoomaway Team has been working on establishing relationships and will announce its first client in the near term. In addition, work continues with various teams at Google on a variety of topics; progress, improvements and user acquisition.

Sean Schaeffer, Company CEO commented, “We are right where we want to be with ZoomedOUT and I am continuously amazed at just how much new potential pops up the further we go down this road. We’ve had a lot of great momentum. It is our intention to continue to focus on production and good news. I believe the market will follow suit.”

NOT FOR DISSEMINATION OR RELEASE IN THE UNITED STATES FOR IMMEDIATE RELEASE IN CANADA

For additional information contact: Sean Schaeffer, President, ZoomAway Inc., at 775-691-8860 | sean@zoomaway.com or stay up-to-date and sign up for our newsletter.

About Us

ZoomAway, Inc. (Nevada Co.) provides leading hotels, golf resorts, ski resorts, and activity providers with a seamless, scalable, and fully integrated technology platform that allows for the discounted packaging of lodging, ski, golf, activities, and attractions. It seamlessly integrates into client websites, providing their customers with a real time one-stop shop for all of their travel and recreational needs. Additional information about ZoomAway Inc. can be found at www.zoomaway.com.

Travel Game Blockchain Inc. (Canadian Co.) is a new ZoomAway Travel, Inc. subsidiary company dedicated to housing new projects in the digital games and blockchain formats. The companies first proposed project is ZoomedOUT which can be seen at www.zoomedout.io. To receive more detailed, or investor level information, please contact us at info@zoomedout.io and we will respond with the appropriate documentation depending on your request.

About Zero8

Zero8 Studios, based in Reno, Nevada, specializes in new and innovative games and technology platforms. With a focus on social gaming and almost two decades of experience building countless game titles, gaming platforms, and various technologies. The Zero8 Studios’ team has assisted dozens of AAA publishers, large clientele, manufacturers, and casinos in the design, production, and delivery of their products to players around the world. Additional information can be found at www.zero8studios.com

Forward-Looking Statements
This release includes certain statements that may be deemed “forward-looking statements”. All statements in this release, other than statements of historical facts, that address events or developments that the Company expects to occur, are forward-looking statements. Forward-looking statements are statements that are not historical facts and are generally, but not always, identified by the words “expects”, “plans”, “anticipates”, “believes”, “intends”, “estimates”, “projects”, “potential” and similar expressions, or that events or conditions “will”, “would”, “may”, “could” or “should” occur. Although the Company believes the expectations expressed in such forward-looking statements are based on reasonable assumptions, such statements are not guarantees of future performance and actual results may differ materially from those in the forward-looking statements. Factors that could cause the actual results to differ materially from those in forward-looking statements include regulatory actions, market prices, and continued availability of capital and financing, and general economic, market or business conditions. Investors are cautioned that any such statements are not guarantees of future performance and actual results or developments may differ materially from those projected in the forward-looking statements. Forward-looking statements are based on the beliefs, estimates and opinions of the Company’s management on the date the statements are made. Except as required by applicable securities laws, the Company undertakes no obligation to update these forward-looking statements in the event that management’s beliefs, estimates or opinions, or other factors, should change.

Neither the TSX Venture Exchange nor its Regulation Service Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release. The TSX Venture Exchange Inc. has in no way passed upon the merits of the proposed Offering and has neither approved nor disapproved the contents of this press release.

ZoomAway Announces Relationship with GOOGLE

By | Headlines, News Highlights, Press Releases | No Comments

VANCOUVER, BC – October 16th, 2019 – ZoomAway Travel Inc. (TSXV: ZMA) (the “Company”) www.zoomaway.com, a leader in the hospitality technology sector, is pleased to confirm that on July 9th, it entered into a relationship with Google Maps Platform to employ their Google Maps Platform gaming solution. By partnering with Google Maps Platform, Zoomaway will delight their players with games that feature real world scenes constructed with geospatial data from Google Maps and rendered at run-time using the Unity game engine.   The Company is already utilizing the platform to its fullest potential which will expedite the development pipeline significantly as construction expands to future cities.

Sean Schaeffer, CEO of Zoomaway Travel, commented, “We couldn’t be more excited to be one of the partners to utilize this platform. With the execution of this agreement we also are pleased to already have the added benefit of working closely with several teams at Google Maps Platform to assist us in our endeavors. By leveraging their extensive expertise in this space, we expect to maximize marketing exposure and optimize our cost per install (CPI). Just some of the many added benefits of working with the world’s leader in mapping technology.”

NOT FOR DISSEMINATION OR RELEASE IN THE UNITED STATES FOR IMMEDIATE RELEASE IN CANADA

For additional information contact: Sean Schaeffer, President, ZoomAway Inc., at 775-691-8860 | sean@zoomaway.com or stay up-to-date and sign up for our newsletter.

About Us

ZoomAway, Inc. (Nevada Co.) provides leading hotels, golf resorts, ski resorts, and activity providers with a seamless, scalable, and fully integrated technology platform that allows for the discounted packaging of lodging, ski, golf, activities, and attractions. It seamlessly integrates into client websites, providing their customers with a real time one-stop shop for all of their travel and recreational needs. Additional information about ZoomAway Inc. can be found at www.zoomaway.com.

Travel Game Blockchain Inc. (Canadian Co.) is a new ZoomAway Travel, Inc. subsidiary company dedicated to housing new projects in the digital games and blockchain formats. The companies first proposed project is ZoomedOUT which can be seen at www.zoomedout.io. To receive more detailed, or investor level information, please contact us at info@zoomedout.io and we will respond with the appropriate documentation depending on your request.

About Zero8

Zero8 Studios, based in Reno, Nevada, specializes in new and innovative games and technology platforms. With a focus on social gaming and almost two decades of experience building countless game titles, gaming platforms, and various technologies. The Zero8 Studios’ team has assisted dozens of AAA publishers, large clientele, manufacturers, and casinos in the design, production, and delivery of their products to players around the world. Additional information can be found at www.zero8studios.com

Forward-Looking Statements
This release includes certain statements that may be deemed “forward-looking statements”. All statements in this release, other than statements of historical facts, that address events or developments that the Company expects to occur, are forward-looking statements. Forward-looking statements are statements that are not historical facts and are generally, but not always, identified by the words “expects”, “plans”, “anticipates”, “believes”, “intends”, “estimates”, “projects”, “potential” and similar expressions, or that events or conditions “will”, “would”, “may”, “could” or “should” occur. Although the Company believes the expectations expressed in such forward-looking statements are based on reasonable assumptions, such statements are not guarantees of future performance and actual results may differ materially from those in the forward-looking statements. Factors that could cause the actual results to differ materially from those in forward-looking statements include regulatory actions, market prices, and continued availability of capital and financing, and general economic, market or business conditions. Investors are cautioned that any such statements are not guarantees of future performance and actual results or developments may differ materially from those projected in the forward-looking statements. Forward-looking statements are based on the beliefs, estimates and opinions of the Company’s management on the date the statements are made. Except as required by applicable securities laws, the Company undertakes no obligation to update these forward-looking statements in the event that management’s beliefs, estimates or opinions, or other factors, should change.

Neither the TSX Venture Exchange nor its Regulation Service Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release. The TSX Venture Exchange Inc. has in no way passed upon the merits of the proposed Offering and has neither approved nor disapproved the contents of this press release.

Zoomaway Announces Proposed Convertible Notes Issuance

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VANCOUVER, BC / ACCESSWIRE / October 3, 2019 / ZoomAway Travel Inc. (TSXV:ZMA) (the “Company” or “ZMA”) www.zoomaway.com, a leader in the hospitality technology sector, has been approached by an existing lender and intends to offer another round of convertible debt to such lender, subject to TSX Venture Exchange approval.

The Company intends to issue up to US$750,000 (approx. CAD$1,000,000) of Convertible Notes. Such Notes may be issued in tranches and will be convertible into Common Shares of the Company at a conversion price of CAD$0.09 per share in the first 12 months following issuance and convertible at CAD$0.10 per share for the next 12 months following their date of issue. The Notes will be issued for a 2-year term. The Offering is being structured for the existing lender, likely on terms similar to the offering of Convertible Notes completed in April 2019. Again, the Offering and its terms are subject to TSX Venture Exchange approval. It is not expected that any of the Directors or Officers of the Company, or their associates, will be purchasing Convertible Notes. Net proceeds from the Offering will be used for general working capital, continued development, and next stage marketing and sales efforts of its flagship product, ZoomedOUT.

Sean Schaeffer, CEO of Zoomaway Travel, commented, “I am pleased that we have this funding available to us when we need it. We have a great partner in this process and are excited that they continue to support us and believe in the direction the company is headed. As I have stated before, the ZoomedOUT project is an extensive endeavor and we will continue to do everything necessary to raise the capital needed to not only build the product, but to continue to expose the product in as many places as possible.”

NOT FOR DISSEMINATION OR RELEASE IN THE UNITED STATES FOR IMMEDIATE RELEASE IN CANADA

For additional information contact: Sean Schaeffer, President, ZoomAway Inc., at 775-691-8860 | sean@zoomaway.com or stay up-to-date and sign up for our newsletter.

About Us

ZoomAway, Inc. (Nevada Co.) provides leading hotels, golf resorts, ski resorts, and activity providers with a seamless, scalable, and fully integrated technology platform that allows for the discounted packaging of lodging, ski, golf, activities, and attractions. It seamlessly integrates into client websites, providing their customers with a real time one-stop shop for all of their travel and recreational needs. Additional information about ZoomAway Inc. can be found at www.zoomaway.com.

Travel Game Blockchain Inc. (Canadian Co.) is a new ZoomAway Travel, Inc. subsidiary company dedicated to housing new projects in the digital games and blockchain formats. The companies first proposed project is ZoomedOUT which can be seen at www.zoomedout.io. To receive more detailed, or investor level information, please contact us at info@zoomedout.io and we will respond with the appropriate documentation depending on your request.

About Zero8

Zero8 Studios, based in Reno, Nevada, specializes in new and innovative games and technology platforms. With a focus on social gaming and almost two decades of experience building countless game titles, gaming platforms, and various technologies. The Zero8 Studios’ team has assisted dozens of AAA publishers, large clientele, manufacturers, and casinos in the design, production, and delivery of their products to players around the world. Additional information can be found at www.zero8studios.com

Forward-Looking Statements
This release includes certain statements that may be deemed “forward-looking statements”. All statements in this release, other than statements of historical facts, that address events or developments that the Company expects to occur, are forward-looking statements. Forward-looking statements are statements that are not historical facts and are generally, but not always, identified by the words “expects”, “plans”, “anticipates”, “believes”, “intends”, “estimates”, “projects”, “potential” and similar expressions, or that events or conditions “will”, “would”, “may”, “could” or “should” occur. Although the Company believes the expectations expressed in such forward-looking statements are based on reasonable assumptions, such statements are not guarantees of future performance and actual results may differ materially from those in the forward-looking statements. Factors that could cause the actual results to differ materially from those in forward-looking statements include regulatory actions, market prices, and continued availability of capital and financing, and general economic, market or business conditions. Investors are cautioned that any such statements are not guarantees of future performance and actual results or developments may differ materially from those projected in the forward-looking statements. Forward-looking statements are based on the beliefs, estimates and opinions of the Company’s management on the date the statements are made. Except as required by applicable securities laws, the Company undertakes no obligation to update these forward-looking statements in the event that management’s beliefs, estimates or opinions, or other factors, should change.

Neither the TSX Venture Exchange nor its Regulation Service Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release. The TSX Venture Exchange Inc. has in no way passed upon the merits of the proposed Offering and has neither approved nor disapproved the contents of this press release.

ZoomAway Enters into Investor Relations Agreement with Frontier Merchant Capital

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VANCOUVER, BC / ACCESSWIRE / September 24, 2019 / ZoomAway Travel Inc. (TSXV:ZMA) (the “Company” or “ZMA”) www.zoomaway.com, a leader in the hospitality technology sector, is pleased to announce that FronTier Merchant Capital Group (“FronTier”) has been retained to provide marketing services coupled with Investor relations. FronTier has agreed to assist the company in increasing market awareness by using several financial market communications initiatives including media distribution on national television, radio, and multiple on-line channels. Additionally, FronTier will facilitate face to face introductions for the company with institutional and retail brokers in Toronto and other financial capitals.

The term of the engagement is for a 12-month period at $90,000 CDN (plus applicable sales tax) per annum plus direct expenses. The Company will also grant 300,000 stock options to the Frontier team at its next issuance of stock options which is expected before the end of 2019.

Sean Schaeffer, CEO of Zoomaway Travel, commented, “I wanted to make sure that we are prepared for maximum exposure in the coming months as we continue the development phase of our flagship product ZoomedOUT. It’s important that our news and updates reach new audiences and for us to continue to expose the company along with its progress to more and more prospective shareholders. I plan use the relationship with FronTier to its fullest potential for maximum exposure of any upcoming news.”

NOT FOR DISSEMINATION OR RELEASE IN THE UNITED STATES FOR IMMEDIATE RELEASE IN CANADA

For additional information contact: Sean Schaeffer, President, ZoomAway Inc., at 775-691-8860 | sean@zoomaway.com or stay up-to-date and sign up for our newsletter.

About Us

ZoomAway, Inc. (Nevada Co.) provides leading hotels, golf resorts, ski resorts, and activity providers with a seamless, scalable, and fully integrated technology platform that allows for the discounted packaging of lodging, ski, golf, activities, and attractions. It seamlessly integrates into client websites, providing their customers with a real time one-stop shop for all of their travel and recreational needs. Additional information about ZoomAway Inc. can be found at www.zoomaway.com.

Travel Game Blockchain Inc. (Canadian Co.) is a new ZoomAway Travel, Inc. subsidiary company dedicated to housing new projects in the digital games and blockchain formats. The companies first proposed project is ZoomedOUT which can be seen at www.zoomedout.io. To receive more detailed, or investor level information, please contact us at info@zoomedout.io and we will respond with the appropriate documentation depending on your request.

About Zero8

Zero8 Studios, based in Reno, Nevada, specializes in new and innovative games and technology platforms. With a focus on social gaming and almost two decades of experience building countless game titles, gaming platforms, and various technologies. The Zero8 Studios’ team has assisted dozens of AAA publishers, large clientele, manufacturers, and casinos in the design, production, and delivery of their products to players around the world. Additional information can be found at www.zero8studios.com

Forward-Looking Statements
This release includes certain statements that may be deemed “forward-looking statements”. All statements in this release, other than statements of historical facts, that address events or developments that the Company expects to occur, are forward-looking statements. Forward-looking statements are statements that are not historical facts and are generally, but not always, identified by the words “expects”, “plans”, “anticipates”, “believes”, “intends”, “estimates”, “projects”, “potential” and similar expressions, or that events or conditions “will”, “would”, “may”, “could” or “should” occur. Although the Company believes the expectations expressed in such forward-looking statements are based on reasonable assumptions, such statements are not guarantees of future performance and actual results may differ materially from those in the forward-looking statements. Factors that could cause the actual results to differ materially from those in forward-looking statements include regulatory actions, market prices, and continued availability of capital and financing, and general economic, market or business conditions. Investors are cautioned that any such statements are not guarantees of future performance and actual results or developments may differ materially from those projected in the forward-looking statements. Forward-looking statements are based on the beliefs, estimates and opinions of the Company’s management on the date the statements are made. Except as required by applicable securities laws, the Company undertakes no obligation to update these forward-looking statements in the event that management’s beliefs, estimates or opinions, or other factors, should change.

Neither the TSX Venture Exchange nor its Regulation Service Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release. The TSX Venture Exchange Inc. has in no way passed upon the merits of the proposed Offering and has neither approved nor disapproved the contents of this press release.

ZoomAway Releases Interim Unaudited Consolidated Financial Statements as at June 30, 2019

By | Press Releases | No Comments

VANCOUVER, BC / ACCESSWIRE / August 29, 2019 / ZoomAway Travel Inc. (TSXV:ZMA) (the “Company” or “ZMA”)www.zoomaway.com, a leader in the hospitality technology sector, is pleased to announce that it has released its interim unaudited consolidated financial statements and MD&A for the three months ended June 30th, 2019.

ZMA interim financial results show substantial improvement year over year, as reflected in the financial statements filed. The Company’s gross revenues in Q2 2019 were $706,816 and Net Revenues were $221,087, compared to Q2 2018 Gross Revenue of $91,833 and Net Revenue of ($37,582). The improvement in financial results reflect the previously announced strategic commitment to cost cutting and growing revenues through profitable sales opportunities.

Sean Schaeffer, CEO of Zoomaway Travel, commented, “I am pleased with these interim results and our focus on reducing operating expenses, starting back in 2017, is starting to show positively in certain quarters. Our debt was decreasing prior to the additional convertible financing we undertook in April of this year, but this additional cashflow has allowed us to add new clients and we very pleased with our financial results. We need to continue focus on increasing sales in all future quarters and continue to go full steam ahead with the ZoomedOUT production schedule.”

NOT FOR DISSEMINATION OR RELEASE IN THE UNITED STATES FOR IMMEDIATE RELEASE IN CANADA

For additional information contact: Sean Schaeffer, President, ZoomAway Inc., at 775-691-8860 | sean@zoomaway.com or stay up-to-date and sign up for our newsletter.

About Us

ZoomAway, Inc. (Nevada Co.) provides leading hotels, golf resorts, ski resorts, and activity providers with a seamless, scalable, and fully integrated technology platform that allows for the discounted packaging of lodging, ski, golf, activities, and attractions. It seamlessly integrates into client websites, providing their customers with a real time one-stop shop for all of their travel and recreational needs. Additional information about ZoomAway Inc. can be found at www.zoomaway.com.

Travel Game Blockchain Inc. (Canadian Co.) is a new ZoomAway Travel, Inc. subsidiary company dedicated to housing new projects in the digital games and blockchain formats. The companies first proposed project is ZoomedOUT which can be seen at www.zoomedout.io. To receive more detailed, or investor level information, please contact us at info@zoomedout.io and we will respond with the appropriate documentation depending on your request.

About Zero8

Zero8 Studios, based in Reno, Nevada, specializes in new and innovative games and technology platforms. With a focus on social gaming and almost two decades of experience building countless game titles, gaming platforms, and various technologies. The Zero8 Studios’ team has assisted dozens of AAA publishers, large clientele, manufacturers, and casinos in the design, production, and delivery of their products to players around the world. Additional information can be found at www.zero8studios.com

Forward-Looking Statements
This release includes certain statements that may be deemed “forward-looking statements”. All statements in this release, other than statements of historical facts, that address events or developments that the Company expects to occur, are forward-looking statements. Forward-looking statements are statements that are not historical facts and are generally, but not always, identified by the words “expects”, “plans”, “anticipates”, “believes”, “intends”, “estimates”, “projects”, “potential” and similar expressions, or that events or conditions “will”, “would”, “may”, “could” or “should” occur. Although the Company believes the expectations expressed in such forward-looking statements are based on reasonable assumptions, such statements are not guarantees of future performance and actual results may differ materially from those in the forward-looking statements. Factors that could cause the actual results to differ materially from those in forward-looking statements include regulatory actions, market prices, and continued availability of capital and financing, and general economic, market or business conditions. Investors are cautioned that any such statements are not guarantees of future performance and actual results or developments may differ materially from those projected in the forward-looking statements. Forward-looking statements are based on the beliefs, estimates and opinions of the Company’s management on the date the statements are made. Except as required by applicable securities laws, the Company undertakes no obligation to update these forward-looking statements in the event that management’s beliefs, estimates or opinions, or other factors, should change.

Neither the TSX Venture Exchange nor its Regulation Service Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release. The TSX Venture Exchange Inc. has in no way passed upon the merits of the proposed Offering and has neither approved nor disapproved the contents of this press release.

ZoomAway Announces Partial Conversion of Notes into Equity

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VANCOUVER, BC / ACCESSWIRE / August 29, 2019 / ZoomAway Travel Inc. (TSX-V:ZMA) (the “Company” or “ZMA”)www.zoomaway.com, a leader in the hospitality technology sector, is pleased to announce that it has strengthened its balance sheet through the partial conversion of notes into equity.

AIP Global Macro Fund LP. (“Note Holders”) have converted $100,000 CDN of the outstanding convertible notes at a strike price of 0.08. The Company will be issuing 1,250,000 common shares to AIP pursuant to the agreement announced closed on May 7th, 2019.

Sean Schaeffer, CEO of Zoomaway Travel, commented, “We are very pleased with this vote of confidence from our note holders. They have been a great asset to us, and their support has allowed us to move our all of our plans forward.”

NOT FOR DISSEMINATION OR RELEASE IN THE UNITED STATES FOR IMMEDIATE RELEASE IN CANADA

For additional information contact: Sean Schaeffer, President, ZoomAway Inc., at 775-691-8860 | sean@zoomaway.com or stay up-to-date and sign up for our newsletter.

About Us

ZoomAway, Inc. (Nevada Co.) provides leading hotels, golf resorts, ski resorts, and activity providers with a seamless, scalable, and fully integrated technology platform that allows for the discounted packaging of lodging, ski, golf, activities, and attractions. It seamlessly integrates into client websites, providing their customers with a real time one-stop shop for all of their travel and recreational needs. Additional information about ZoomAway Inc. can be found at www.zoomaway.com.

Travel Game Blockchain Inc. (Canadian Co.) is a new ZoomAway Travel, Inc. subsidiary company dedicated to housing new projects in the digital games and blockchain formats. The companies first proposed project is ZoomedOUT which can be seen at www.zoomedout.io. To receive more detailed, or investor level information, please contact us at info@zoomedout.io and we will respond with the appropriate documentation depending on your request.

About Zero8

Zero8 Studios, based in Reno, Nevada, specializes in new and innovative games and technology platforms. With a focus on social gaming and almost two decades of experience building countless game titles, gaming platforms, and various technologies. The Zero8 Studios’ team has assisted dozens of AAA publishers, large clientele, manufacturers, and casinos in the design, production, and delivery of their products to players around the world. Additional information can be found at www.zero8studios.com

Forward-Looking Statements
This release includes certain statements that may be deemed “forward-looking statements”. All statements in this release, other than statements of historical facts, that address events or developments that the Company expects to occur, are forward-looking statements. Forward-looking statements are statements that are not historical facts and are generally, but not always, identified by the words “expects”, “plans”, “anticipates”, “believes”, “intends”, “estimates”, “projects”, “potential” and similar expressions, or that events or conditions “will”, “would”, “may”, “could” or “should” occur. Although the Company believes the expectations expressed in such forward-looking statements are based on reasonable assumptions, such statements are not guarantees of future performance and actual results may differ materially from those in the forward-looking statements. Factors that could cause the actual results to differ materially from those in forward-looking statements include regulatory actions, market prices, and continued availability of capital and financing, and general economic, market or business conditions. Investors are cautioned that any such statements are not guarantees of future performance and actual results or developments may differ materially from those projected in the forward-looking statements. Forward-looking statements are based on the beliefs, estimates and opinions of the Company’s management on the date the statements are made. Except as required by applicable securities laws, the Company undertakes no obligation to update these forward-looking statements in the event that management’s beliefs, estimates or opinions, or other factors, should change.

Neither the TSX Venture Exchange nor its Regulation Service Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release. The TSX Venture Exchange Inc. has in no way passed upon the merits of the proposed Offering and has neither approved nor disapproved the contents of this press release.

Zoomaway Closes Private Placement

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VANCOUVER, BC / ACCESSWIRE / August 21, 2019 / ZoomAway Travel Inc. (the “Company”) has completed its previously announced private placement of 6,000,000 Units for gross proceeds of $480,000. The Company sold the units at a price of $0.08 per Unit, with each unit consisting of one (1) common voting share of the Company together with one full warrant, each warrant entitling the holder to acquire an additional common voting share at a price of $0.10 per share for one year after closing (the “Units”).

The Private Placement is subject to final approval by the TSX Venture Exchange. All securities issued pursuant to the Private Placement are subject to a four month hold period from the date of the issuance.

Sean Schaeffer, the Company’s CEO, said, “I’m very excited about the interest in our Company and our project, and am very excited to get this Private Placement closed. We continue to move forward with our plans and we appreciate all of the support from our shareholders.”

The net proceeds are estimated at $425,000 (after paying legal, accounting and administrative fees in relation to the private placement). Mr. Mark Riden, a member of the Company’s Board of Directors, purchased a total of 212,500 Units for $17,000. This insider investment constituted 3.5% of the Offering, and results in his owning 0.7% of the issued and outstanding shares of the Company post-offering (1.0% fully diluted).

NOT FOR DISSEMINATION OR RELEASE IN THE UNITED STATES FOR IMMEDIATE RELEASE IN CANADA

For additional information contact: Sean Schaeffer, President, ZoomAway Inc., at 775-691-8860 | sean@zoomaway.com or stay up-to-date and sign up for our newsletter.

About Us

ZoomAway, Inc. (Nevada Co.) provides leading hotels, golf resorts, ski resorts, and activity providers with a seamless, scalable, and fully integrated technology platform that allows for the discounted packaging of lodging, ski, golf, activities, and attractions. It seamlessly integrates into client websites, providing their customers with a real time one-stop shop for all of their travel and recreational needs. Additional information about ZoomAway Inc. can be found at www.zoomaway.com.

Travel Game Blockchain Inc. (Canadian Co.) is a new ZoomAway Travel, Inc. subsidiary company dedicated to housing new projects in the digital games and blockchain formats. The companies first proposed project is ZoomedOUT which can be seen at www.zoomedout.io. To receive more detailed, or investor level information, please contact us at info@zoomedout.io and we will respond with the appropriate documentation depending on your request.

About Zero8

Zero8 Studios, based in Reno, Nevada, specializes in new and innovative games and technology platforms. With a focus on social gaming and almost two decades of experience building countless game titles, gaming platforms, and various technologies. The Zero8 Studios’ team has assisted dozens of AAA publishers, large clientele, manufacturers, and casinos in the design, production, and delivery of their products to players around the world. Additional information can be found at www.zero8studios.com

Forward-Looking Statements
This release includes certain statements that may be deemed “forward-looking statements”. All statements in this release, other than statements of historical facts, that address events or developments that the Company expects to occur, are forward-looking statements. Forward-looking statements are statements that are not historical facts and are generally, but not always, identified by the words “expects”, “plans”, “anticipates”, “believes”, “intends”, “estimates”, “projects”, “potential” and similar expressions, or that events or conditions “will”, “would”, “may”, “could” or “should” occur. Although the Company believes the expectations expressed in such forward-looking statements are based on reasonable assumptions, such statements are not guarantees of future performance and actual results may differ materially from those in the forward-looking statements. Factors that could cause the actual results to differ materially from those in forward-looking statements include regulatory actions, market prices, and continued availability of capital and financing, and general economic, market or business conditions. Investors are cautioned that any such statements are not guarantees of future performance and actual results or developments may differ materially from those projected in the forward-looking statements. Forward-looking statements are based on the beliefs, estimates and opinions of the Company’s management on the date the statements are made. Except as required by applicable securities laws, the Company undertakes no obligation to update these forward-looking statements in the event that management’s beliefs, estimates or opinions, or other factors, should change.

Neither the TSX Venture Exchange nor its Regulation Service Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release. The TSX Venture Exchange Inc. has in no way passed upon the merits of the proposed Offering and has neither approved nor disapproved the contents of this press release.

ZoomAway Announces Change to Private Placement

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VANCOUVER, BC / ACCESSWIRE / August 13, 2019 / ZoomAway Travel Inc. (TSXV:ZMA) (the “Company”) www.zoomaway.com, an innovator in the hospitality technology sector, is pleased to announce that it has received expressions of interest from qualified investors for the proposed private placement of Units announced on July 30, 2019. The Company originally planned to complete such private placement on an exempt basis for five million (5,000,000) Units. Based on the high level of interest received, the Company is increasing the size of the offering to six million (6,000,000) Units. As previously announced, each Unit will be comprised of one common voting share and one share purchase warrant. The Units are to be priced at CAD $0.08 and each warrant will be exercisable into one common voting share at a price of CAD $0.10 until the date that is 12 months following the closing of the offering. Closing may occur in one or more tranches with the first closing now expected to occur on or about August 16, 2019.

It is not expected that any of the Directors or Officers of the Company, or their associates, will be purchasing Units, other than Mr. Mark Riden, a member of the Company’s Board of Directors, who has expressed an interest in purchasing a small portion of this Offering. Mr. Riden is expected to purchase approximately 200,000 Units, which is 3.3% of the Offering, and would result in his owning 0.7% of the issued and outstanding shares of the Company post-offering (1.0% fully diluted).

No agent, broker or finder will be paid any fees in relation to the offering. This proposed private placement is subject to the approval of the TSX Venture Exchange.

After paying legal, accounting and administrative fees in relation to the private placement, the Company expects to receive net proceeds of CAD $425,000 which will be used for further development and marketing of it’s ZoomedOUT project, further exploration of other complimentary mergers, acquisitions, partnerships, investor relations and continued working capital.

Sean Schaeffer, CEO of Zoomaway Travel Inc. reported, “I am happy with the response to our most recent announcements and the resulting market activity. I believe that we are right on track with our plans, and I am very pleased with the execution and results thus far. We will continue to use every tool at our disposal to keep adding pieces to achieve even better results.”

All securities issued or issuable in respect of the Units are or will be subject to a statutory hold period expiring on the date that is four months and one day after the distribution date. None of the securities issued or issuable in connection with the Notes will be registered under the United States Securities Act of 1933, as amended, and may not be offered or sold in the United States absent registration or an applicable exemption from the registration requirements. This press release shall not constitute an offer to sell or the solicitation of an offer to buy nor shall there be any sale of the securities in any jurisdiction in which such offer, solicitation or sale would be unlawful.

NOT FOR DISSEMINATION OR RELEASE IN THE UNITED STATES FOR IMMEDIATE RELEASE IN CANADA

For additional information contact: Sean Schaeffer, President, ZoomAway Inc., at 775-691-8860 | sean@zoomaway.com or stay up-to-date and sign up for our newsletter.

About Us

ZoomAway, Inc. (Nevada Co.) provides leading hotels, golf resorts, ski resorts, and activity providers with a seamless, scalable, and fully integrated technology platform that allows for the discounted packaging of lodging, ski, golf, activities, and attractions. It seamlessly integrates into client websites, providing their customers with a real-time one-stop shop for all of their travel and recreational needs. Additional information about ZoomAway Inc. can be found at www.zoomaway.com.

Travel Game (Canadian Co.) is a ZoomAway Travel, Inc. subsidiary company dedicated to housing new projects in the digital games. The company’s first project is ZoomedOUT which can be seen at www.zoomedout.io. To receive more detailed, or investor level information, please contact us at sean@zoomaway.com and we will respond with the appropriate documentation depending on your request.

About Zero8

Zero8 Studios, based in Reno, Nevada, specializes in new and innovative games and technology platforms. With a focus on social gaming and almost two decades of experience building countless game titles, gaming platforms, and various technologies. The Zero8 Studios’ team has assisted dozens of AAA publishers, large clientele, manufacturers, and casinos in the design, production, and delivery of their products to players around the world. Additional information can be found at www.zero8studios.com

Forward-Looking Statements
This release includes certain statements that may be deemed “forward-looking statements”. All statements in this release, other than statements of historical facts, that address events or developments that the Company expects to occur, are forward-looking statements. Forward-looking statements are statements that are not historical facts and are generally, but not always, identified by the words “expects”, “plans”, “anticipates”, “believes”, “intends”, “estimates”, “projects”, “potential” and similar expressions, or that events or conditions “will”, “would”, “may”, “could” or “should” occur. Although the Company believes the expectations expressed in such forward-looking statements are based on reasonable assumptions, such statements are not guarantees of future performance and actual results may differ materially from those in the forward-looking statements. Factors that could cause the actual results to differ materially from those in forward-looking statements include regulatory actions, market prices, and continued availability of capital and financing, and general economic, market or business conditions. Investors are cautioned that any such statements are not guarantees of future performance and actual results or developments may differ materially from those projected in the forward-looking statements. Forward-looking statements are based on the beliefs, estimates and opinions of the Company’s management on the date the statements are made. Except as required by applicable securities laws, the Company undertakes no obligation to update these forward-looking statements in the event that management’s beliefs, estimates or opinions, or other factors, should change.

Neither the TSX Venture Exchange nor its Regulation Service Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release. The TSX Venture Exchange Inc. has in no way passed upon the merits of the proposed Offering and has neither approved nor disapproved the contents of this press release.