14:40:39 EDT Mon 29 Apr 2024
Enter Symbol
or Name
USA
CA



Rewardstream Solutions Inc
Symbol REW
Shares Issued 38,657,069
Close 2017-03-22 C$ 0.15
Market Cap C$ 5,798,560
Recent Sedar Documents

Rewardstream closes $795,600 private placement

2017-03-23 19:09 ET - News Release

Mr. Robert Goehring reports

REWARDSTREAM ANNOUNCES CLOSING OF PRIVATE PLACEMENT

Rewardstream Solutions Inc. has closed a non-brokered private placement and has raised a total of $795,600 by the issuance of 5,304,001 units at a price of 15 cents per unit.

Each unit consists of one common share and one-half of one share purchase warrant. Each warrant entitles the holder to purchase one additional common share at a price of 25 cents per share until March 23, 2019.

Securities issued in connection with the private placement will be subject to a hold period expiring July 24, 2017.

In connection with the private placement, Rewardstream paid eligible finders a cash commission of $7,200 and issued 24,000 non-transferable finders' warrants. Each finders warrant entitles the holder to acquire one common share at an exercise price of 15 cents per share until March 23, 2019.

The net proceeds of the private placement will be used for general working capital and corporate purposes.

The private placement is subject to final TSX Venture Exhange acceptance.

About Rewardstream Solutions Inc.

Rewardstream specializes in the execution of automated referral marketing programs that help brands to acquire, engage and retain their most valuable stakeholders -- customers. By utilizing an innovative blend of marketing insight and proprietary technology, Rewardstream turns an existing customer base into a powerful new sales channel for all of its clients. Rewardstream delivers a scalable, real-time technology platform as the foundation of its client's referral program. The platform provides customer acquisition programs that deliver new, highly loyal customers at very low cost per acquisition rates.

We seek Safe Harbor.

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