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File: PressRelease-AnnouncePrivatePlacement-Glance-April2017.DOCX.docx
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---> INDIRECTLY, IN WHOLE OR IN PART, IN OR INTO THE UNITED STATES
Glance Technologies Announces Proposed Private Placement
April 24, 2017 - Vancouver, B.C. - Glance Technologies Inc. (OTCQB:GLNNF) (CSE:GET.CN) (CSE:GET.RT) (FKT:GJT) announce
--->s that after receiving indications of interest for Glance's rights offering past the rights expiry deadline, of which
--->$1,654,000 was tendered pursuant to the rights offering, Glance intends to conduct a non-brokered private placement of
---> units ("Units") at $0.20 per Unit for proceeds of up to $350,000, to close contemporaneously with the rights offering
---> on Wednesday, April 26, 2017.
Each Unit will consist of one common share of Glance (a "Share") and one Share purchase warrant (a "Warrant"). Each Wa
--->rrant will entitle the holder to acquire an additional Share for a period of 24 months at a price of $0.23 per Share f
--->or the first 6 months and $0.25 thereafter until expiry.
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 United States Securities A
--->ct of 1933, as amended (the "U.S. Securities Act"), 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 U.S. Securit
--->ies Act and applicable state securities laws.
About Glance Technologies Inc.
Glance Technologies owns and operates Glance Pay, a streamlined payment system that revolutionizes how smartphone user
--->s choose where to dine, order food & drink, settle bills, access digital receipts, earn great rewards, & interact with
---> merchants. Glance is building a valuable network of merchants and consumers, and offers targeted in-app marketing, so
--->cial media marketing, customer feedback, in-merchant messaging and custom rewards programs. The Glance Pay mobile paym
--->ent system consists of proprietary technology, which includes user apps available for free downloads in IOS (Apple) an
--->d Android formats, a merchant manager apps, large scale technology hosting environment with sophisticated anti-fraud t
--->echnology and lightning fast payment processing.
For more information about Glance, please go to Glance Technologies' website
For more information, contact:
Christina Rao
Vice President, Investor Relations
(604) 723-7480
investors@glancepay.com
Neither the Canadian Securities Exchange nor its Regulation Services Provider (as that term is defined in the policies
---> of the Canadian Securities Exchange) accepts responsibility for the adequacy or accuracy of this release.
--->
Forward-Looking Statements
This press release contains forward-looking information or forward-looking statements including the completion of the
--->rights offering (collectively "forward- looking information") within the meaning of applicable securities laws. Forwar
--->d- looking information is typically identified by words such as: "believe", "expect", "anticipate", "intend", "estimat
--->e", "potentially" and similar expressions, or are those, which, by their nature, refer to future events. Glance cautio
--->ns investors that any forward-looking information provided by Glance is not a guarantee of future results or performan
--->ce, and that actual results may differ materially from those in forward-looking information as a result of various fac
--->tors. The reader is referred to Glance's public filings for a more complete discussion of such risk factors and their
--->potential effects which may be accessed through the Glance's profile on SEDAR at www.sedar.com.
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