11:16:51 EDT Fri 26 Apr 2024
Enter Symbol
or Name
USA
CA



iSign Media Solutions Inc
Symbol ISD
Shares Issued 119,856,807
Close 2018-11-02 C$ 0.07
Market Cap C$ 8,389,976
Recent Sedar Documents

iSign applies to extend 9.56 million warrants to 2019

2018-11-02 18:06 ET - News Release

Mr. Bruce Reilly reports

ISIGN MEDIA ANNOUNCES AN EXPIRY EXTENSION FOR WARRANTS

iSign Media Solutions Inc. has applied to the TSX Venture Exchange for approval to extend the exercise date for 9,566,094 outstanding warrants issued in November, 2014, in conjunction with a private placement.

The 9,566,094 warrants due to expire on Nov. 11, 2018, will be extended to Nov. 11, 2019. There is no change to the original exercise price of 24 cents. Of this total, 7,971,744 warrants are held by companies controlled by two individuals who are deemed to be related parties, as such term is defined in Multilateral Instrument 61-101 (Protection of Minority Security Holders in Special Transactions), of iSign, holding approximately 11.0 per cent and 5.7 per cent of the issued and outstanding common shares of the company. As such, the issuance of notes is a related-party transaction for the company.

About iSign Media Solutions Inc.

iSign, a Canadian company based in Toronto, Ont., is a data-focused, software-as-a-service (SaaS) company that is a pioneering leader in the areas of location-based security alert messaging and proximity marketing, utilizing Bluetooth and WiFi connectivity in complete privacy. Creators of the Smart suite of products, a patented interactive proximity marketing technology, iSign enables the delivery of messages to mobile devices in proximity, with real-time reporting and analytics on a variety of metrics. Partners include: IBM, Keyser Retail Solutions, Baylor University, Verizon Wireless and Telus.

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