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ZoomAway Enters into Investor Relations Agreement with Frontier Merchant Capital

By | Press Releases | No Comments

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 Expands Global Marketing Reach to Over 100M Viewers

By | Press Releases

VANCOUVER, BC – February 26th, 2018 – ZoomAway Travel Inc. (TSXV: ZMA) (the “Company”) www.zoomaway.com is pleased to announce the next wave of digital media distribution channels that will expand the company’s potential market reach to an increased pool of over 100M viewers. The company has been working with its investor relations partner to lay out a plan to immediately begin reaching a wider audience.

This new media exposure is expected to serve as a valuable resource in providing up-to-date information about ZoomAway’s technology development. The company has been pleased with the increase in exposure since November of 2017 and feels that the start of this IR campaign will lead to an increase in awareness.

“These relationships are essential to the growth of the business, and we are excited to leverage these new resources in effort to keep our followers informed on the latest developments.” Stated Sean Schaeffer, CEO of ZoomAway Travel Inc.

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

Or for additional information contact: Sean Schaeffer, President, ZoomAway Inc., at 775-691-8860 or sean@zoomaway.com.

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.

Active Smart Contract Inc. (Nevada Co.) is currently in development with plans to license its technology to merchants enabling them to accept both credit card and cryptocurrency payments on a single platform. www.activesmartcontract.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 Oversubscribed Private Placement And Hires FronTier Merchant Capital Group

By | Press Releases

VANCOUVER, BC – January 3rd, 2018 – ZoomAway Travel Inc. (TSXV: ZMA) (the “Company”) www.zoomawaytravel.com is pleased to announce that it has successfully closed its oversubscribed Private Placement and has engaged FronTier Merchant Capital Group to provide IR services.

FRONTIER MARKETING ARRANGEMENT:

ZoomAway Travel Inc. (the “Company”) is pleased to announce that it has engaged FronTier Merchant Capital Group (“FronTier”) to provide investor relations (IR) and marketing services. FronTier is an Investor Relations firm with its head office in Toronto, Canada. FronTier is expected to assist the Company by increasing market awareness for the Company through the use of a number of financial market communications initiatives, including facilitating in-person introductions for the Company with institutional and retail brokers in Toronto and other financial capitals, and through media distribution on national television, radio and multiple online channels. Under the terms of the engagement, FronTier has been retained by the Company for a 12 month period for $84,000 per year (plus GST), reimbursement of direct, approved expenses, as well as the commitment to grant FronTier stock options to acquire up to 150,000 common voting shares of the Company, such options to be issued in accordance with the Company’s stock option plan, exercisable at market prices (in effect as at the time of issuance).

CLOSING OF OVERSUBSCRIBED PRIVATE PLACEMENT:

As previously announced, the Company offered units, each unit priced at $0.05 per unit and consisting of one common share and one-half of a warrant, each whole warrant entitling the holder to acquire a further common share at an exercise price of $0.10 per share (the “Offering”). The Offering recently closed, oversubscribed, with a total of 5,340,000 units purchased. An affiliate of FronTier purchased 2,600,000 units in this Offering. FrontTier and its affiliate own less than 10% of the Company (based on current issued and outstanding shares and on a fully diluted basis).

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

Or for additional information contact: Sean Schaeffer, President, ZoomAway Inc., at 775-691-8860 or sean@zoomaway.com.

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.

Active Smart Contract Inc. (Nevada Co.) is currently in development with plans to license its technology to merchants enabling them to accept both credit card and cryptocurrency payments on a single platform. www.activesmartcontract.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 Travel Enter Into Reseller Agreement With Zero 8 To Market Social And Mobile Games Worldwide

By | Games, Press Releases

VANCOUVER, BC – May 2, 2017 – ZoomAway Travel Inc. (TSX VENTURE: ZMA) FRANKFURT:4ZO) (the “Company”) www.zoomawaytravelinc.com, announced today that its wholly owned Nevada subsidiary, ZoomAway, Inc. (“ZoomAway”) has entered into a Reseller Agreement with Zero8 Studios, Inc. (Zero8) to develop and market gaming products. The terms of the five-year agreement provide for exclusive, worldwide reseller rights and revenue sharing based on an initial 70%/30% adjusted net revenues. ZoomAway will undertake the sales and marketing activities associated with the Zero8 social gaming platform, SpinRUSH™ and their customer acquisition and retention system, Promotional Entertainment System (PES).

“We are elated to create a partnership between ZoomAway and Zero8. This agreement opens many doors for both parties from sales, to marketing and technology. It creates an enormous opportunity that we expect to be mutually beneficial as we work together to develop gamified, white-labeled products focused on the traditional and millennial audience, while growing an ever-expanding suite of products and games that everyone can enjoy,” said Ryan Cullins, CEO of Zero8 Studios, Inc.

ZoomAway and Zero8 both offer “White Label” technology platforms to clients that span the Hotel, Casino, Resort, and activities industries, and the partnership looks to the significant growth opportunities in the crossover between the multibillion-dollar Hospitality and, the emerging, Social Gaming industry.

Both companies understand that clients are looking for direct branding and interaction with customers. Their applications offer seamless integration into existing corporate on-line systems, all while maintaining brand continuity, and offering businesses greater control over their customers’ experience and increasing the client’s revenue streams.

“By combining the sales and marketing of White Label Booking and Packaging Platform with White Label Social and Interactive Gaming, ZoomAway and Zero8 will deliver technology solutions and product suite to their customers that are entertaining in the booking process, skill based and provide social connectivity. We believe that this will deliver to the traditional and millennial customer a significantly enhanced purchase experience,” said Sean Schaffer, CEO of ZoomAway Travel Inc.

About the Zero8 Products

“SpinRUSH®”
A one-of-a-kind, skill-based, millennial centric, social platform that enables casinos, resorts, or any property and business, to have a unique, white-labeled and branded mobile gaming solution in a virtual free-to-play casino & arcade completely outside of regulated gaming space. The SpinRUSH™ platform includes in-game property advertising, branding, integration with property promotions, and connection with the user’s social network identities, as well as a virtual world-wide presence. SpinRUSH™ is monetized via standardized in-game virtual currency system with virtual credits. SpinRUSH™ is designed for the players of tomorrow and today.

“Promotional Entertainment System (PES)”
A large screen kiosk multi-touch interactive display driven by multiple synchronized computing devices which allow players to engage in a “gamified”, non-gambling promotional experience, where they can obtain awards by collecting virtual items from anywhere on compatible properties. PES is designed to replace archaic kiosk ticket systems and appeal to the social gaming market, complete with leveling systems, character upgrades, tournament entries, and a chance to win big prizes, all while maintaining a simple game flow that anyone can enjoy.

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

Or for additional information contact: Sandra Buschau, Corporate Secretary, ZoomAway Inc., at 775-691-8860

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.

Zero8 Studios, based in Reno, Nevada, specializes in new and innovative game development and digital media solutions. With a focus on social gaming via their SpinRUSH™ Platform and Promotional Entertainment System (PES), these products create a seamlessly integrated social gaming experience for businesses on or off the property. With over a decade of experience and countless game titles, promotions, and apps, the Zero8 Studios’ team has assisted dozens of AAA publishers, developers, manufacturers and casinos in the design, production, and delivery of their games 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 Travel Inc. Year in Review Progress Report 2016

By | Press Releases

VANCOUVER, BC – January 18, 2017 – ZoomAway Travel Inc., (TSXV-ZMA; Frankfurt:4ZO) (“ZoomAway” or the “Company”) a leading solutions provider for: hotels, golf courses, ski resorts and other activity providers that increase revenue, reduce cost, and improve their ability to accommodate today’s active traveler, is pleased to provide a progress report on the Company’s developments in 2016. During the year, the Company has expanded into new markets while refining and developing the Company’s technology suite of product offerings for its customers.

Market Expansion in Western USA

In October 2016, Multivision Communications Corp. completed the acquisition of ZoomAway Inc. and concurrently completed a $2.3mm financing of $0.10 units, each comprising a common share and a five year $0.13 warrant to purchase one common share. ZoomAway Travel Inc. commenced trading on the TSXV Exchange on October 1, 2016, under symbol “ZMA”.

The financing enabled ZoomAway to expand its market penetration into Las Vegas, Oregon, Northern California, including Monterrey and Pebble Beach and will support additional expansion into other western markets including Phoenix/Scottsdale, Northern & Southern California and the Inner-West Mountain Resorts. The market segments in these regions include hotels, casinos, golf courses, ski resorts, convention bureaus, world-class spas, and adventure/recreation activity providers. Most importantly, the expansion strategy has eliminated the Company’s reliance on seasonal marketing strategies and has enhanced the potential of recurring revenue streams.

White Label Customers

In 2016, the Company acquired over twenty-five new White Label customers, including ten hotel-casino properties in Las Vegas, Poppy Hills Golf Course in Pebble Beach, California, Western United States golf course management company Course Co, and several other notable resort properties and activity providers. One of North America’s premier mountain resort companies will be using the newly launched Reservation Management System (RMS) at three of their resorts during the 2017 winter season.

Technology – White Label

The Company has improved upon its ZoomAway White Label product creating an enhanced delivery engine that has made it more visually appealing and easier to navigate. The technology has been refined and streamlined making it easier to add new clients, onboard new clients, and add new custom features to client interfaces. For example, a client, such as a hotel property, activity provider or golf course, can now have fully customized sites without modification to the underlying technology platform and booking engine while also maintaining brand identity, making it a more seamless adoption and representation of their capabilities online.

Technology – Reservation Management System (RMS)

In 2016, ZoomAway launched a new reservation management system, RMS that is meeting the needs of its clients and projecting significant sales potential. The RMS product enables customers who have large bookings (corporate, conventions, sporting, weddings, etc.) to provide individualized booking capabilities, taking into account many variables including accommodations, length of stay, added services and activities, meals and other preferences and needs of their guests and attendees via a dedicated website that also enables individualized billing and payment processing. The RMS will not only help organizers and guests better manage their stays but will also better provide for accurate billing and collection and record keeping, thereby enhancing the experience for all parties involved including providing for appropriate audit trails where needed.

Technology Development – Mobile Market

We have also created Application Programming Interfaces, “APIs,” to allow customers with deeper levels of integration. ZoomAway has engineered a system that considers the full product life-cycle, speed delivery, and expansion while maintaining a high degree of client customization and maintenance of customer brand integrity. In addition to expanding the White Label and RMS offerings, ZoomAway is planning the development and market launch of its’ our own app and mobile product suite.

ZoomAway Team

During the course of 2016, ZoomAway added key personnel to the management team, notably, Dan Morgan, as COO; Tim Berfield, as CTO; and Toni Koster, as VP of Sales. These individuals bring several years of experience in advertising and PR, overseeing sales teams, and product development. Additionally, ZoomAway also hired a Regional Sales Director in Las Vegas, to better provide ZoomAway customers with hotel and activity bookings in this market. As the Company expands into other key regions, the Company expects to hire localized sales management to better enhance ZoomAway’s offerings and presence in serving these markets.

ZoomAway also appointed Robert Cashell, Sr. to the board of directors. Mr. Cashell has been involved in the gaming and hospitality business for over forty years, through Cashell Enterprises. Cashell served as Chairman of the University of Nevada System of Higher Education Board of Regents, was Lt. Governor for the State of Nevada and served as the Mayor of Reno, Nevada from 2002 to 2014.

2016 also saw the formation of an Advisory Board: Tony Mavrides, who held numerous roles at various MGM Resorts International properties including most recently, General Manager of Circus Circus, Reno; and, Mike Larragueta, who has spent over thirty years in the hospitality business, notably, in sales at the Baha Mar, the Hard Rock Hotel, the Venetian, and Las Vegas Sands Corp. The Company looks forward to their participation in assisting ZoomAway with their growth strategies in the hospitality and gaming markets.

The Online Travel Market

The Online Travel Market continues to experience consolidation with major players including TripAdvisor, Priceline, Expedia and Ctrip completing nearly US $8bn in acquisitions. Additionally, on the hospitality side, Marriott International acquired Starwood Hotels for US $13bn. As more people continue to travel worldwide and further travel technology offerings come online in the emerging markets, it is anticipated that a strong demand for travel technology offerings and further high multiple M&A activity will not only continue but show significant market growth.

“ZoomAway will continue to provide hotels, resorts and gaming properties and their guests with a seamless and easy to use technology platform for bundling of hotel stays with adventure and recreation activities, driving incremental revenue to all retail parties while providing considerable savings to the end-user,” stated Sean Schaeffer, President & CEO. “We believe that through our recent technical and sales hires, expansion into new and high-value markets, and increased investment into technology and new product offerings, that ZoomAway is well-positioned to become the partner of choice for hotels, resorts, gaming properties, and activity providers.”

For more information about ZoomAway Travel please visit www.zoomawaytravel.com.

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

Or for additional information contact: Sean Schaeffer, President, ZoomAway Inc., at 775-691-8860

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.

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.