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Glance Technologies Announces Conversion of Debt
February 28, 2017 - Vancouver, B.C. - Glance Technologies Inc. (CSE:GET.CN / FKT:GJT / OTCQB: GLNNF) announces that it
---> has entered into a series of debt conversion agreements with certain consultants and officers in order to settle an a
--->ggregate of $64,734 in outstanding debt through the issuance of 269,722 common shares at the price of $0.24 per share
--->(the "Debt Conversion"). The closing of the Debt Conversion occurred on February 28, 2017 and the securities issued pu
--->rsuant to the Debt Conversion are subject to a hold period of 4 months and 1 day. No control person participated in th
--->e Debt Conversion.
This press release does not constitute an offer to sell or a solicitation of an offer to buy securities in the United
--->States. The securities referenced herein have not been and will not be registered under the Securities Act of 1933, a
--->s amended, or any state securities laws and may not be offered or sold in the United States except in compliance with
--->one or more exemptions from the registration requirements of the Securities Act of 1933 and applicable state securitie
--->s laws.
About Glance Technologies Inc.
Glance Technologies owns and operates Glance Pay, a streamlined payment system that allows customers to pay their rest
--->aurant bill instantly with their mobile device and that combines in app messaging with social media marketing. Glance
--->Pay revolutionizes how smartphone users choose where to dine, settle their restaurant bills, access their payment reco
--->rds and interact with their favourite restaurants. Glance Pay intends to become the industry standard as one of the fo
--->ur pillars in restaurant payments, beside credit cards, debit cards and cash. Glance is building a valuable network of
---> restaurants and consumers, and offers targeted in app marketing, customer feedback, in restaurant messaging, custom r
--->ewards programs, search engine optimization and social media promotions and management for restaurants. For more infor
--->mation about Glance, please go to Glance Technology's website.
For more information, contact:
Christina Rao
Vice President, Investor Relations
(604) 723-7480
investors@glancepay.com
The Canadian Securities Exchange has not approved or disapproved of the contents of this press release.
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