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File: Press Release - Closing Private Placement Oct 19, 2017 (2).pdf

                                                                                                     



GLANCE ANNOUNCES OVER $9 MILLION IN CASH ON HAND AND CLOSING OF
FINANCING

October 19, 2017   Vancouver, B.C.   Glance Technologies Inc. (CSE: GET.CN / OTCQB:
GLNNF / FKT: GJT) is pleased to announce it has now has over $9,000,000 in cash and today
closes $3,180,000 for the second and final tranche of its financing announced September 25,
2017 for $0.40 units. Each unit consists of one common share and one share purchase warrant
which entitles the holder to acquire an additional share at a price of $0.75 per share for a period
of 12 months from closing. Finder's fees of 10% cash and 10% warrants are being paid to
certain finders in connection with financing.

"Being well capitalized enables us to pursue a number of initiatives including US expansion,
mobile technology platform development, joint ventures, cryptocurrency, and blockchain, as well
as other opportunities we are currently exploring," says Glance CEO Desmond Griffin, "We
believe being well funded is a valuable competitive advantage, particularly at this exciting time
for mobile payments, blockchain, & cryptocurrencies."

Spiros Margaris, named worldwide #1 FinTech influencer and Glance Advisor says, "Glance
Technologies is well prepared and positioned to execute its expansion strategy successfully in
2018. I am very excited to be part of this success story."


About Glance Technologies Inc.
Glance Technologies owns and operates Glance Pay, a streamlined payment system that
revolutionizes how smartphone users choose where to dine, order goods and services, make
payments, access digital receipts, redeem digital deals, earn great rewards & interact with
merchants. Glance is building a valuable network of merchants and consumers, and offers
targeted in-app marketing, geo targeted digital coupons, social media marketing, customer
feedback, in-merchant messaging and custom rewards programs. The Glance Pay mobile
payment system consists of proprietary technology, which includes user apps available for free
downloads in IOS (Apple) and Android formats, merchant manager apps, a large scale
technology hosting environment with sophisticated anti-fraud technology and lightning fast
payment processing. Glance Pay has entered into significant licensing agreements to access
the cannabis, fitness and wellness, foreign student and tourist markets through Cannapay
Financial Inc , Active Pay Distribution Inc. and Euro Asia Pay Holdings Inc.
For more information about Glance, please go to www.glance.tech or 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
(collectively "forward- looking information") within the meaning of applicable securities laws.
Forward- looking information is typically identified by words such as: "believe", "expect",
"anticipate", "intend", "estimate", "potentially" and similar expressions, or are those, which, by
their nature, refer to future events. Glance cautions investors that any forward-looking
information provided by Glance is not a guarantee of future results or performance, and that
actual results may differ materially from those in forward-looking 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.




                                                                                                      
 

File: Press Release - Closing Private Placement Oct. 19, 2017 (2).docx

 

GLANCE ANNOUNCES OVER $9 MILLION IN CASH ON HAND AND CLOSING OF FINANCING

October 19, 2017 - Vancouver, B.C. - Glance Technologies Inc. (CSE: GET.CN / OTCQB: GLNNF / FKT: GJT) is pleased to an
--->nounce it has now has over $9,000,000 in cash and today closes $3,180,000 for the second and final tranche of its fina
--->ncing announced September 25, 2017 for $0.40 units. Each unit consists of one common share and one share purchase warr
--->ant which entitles the holder to acquire an additional share at a price of $0.75 per share for a period of 12 months f
--->rom closing.  Finder's fees of 10% cash and 10% warrants are being paid to certain finders in connection with financin
--->g.
  
"Being well capitalized enables us to pursue a number of initiatives including US expansion, mobile technology platfor
--->m development, joint ventures, cryptocurrency, and blockchain, as well as other opportunities we are currently explori
--->ng," says Glance CEO Desmond Griffin, "We believe being well funded is a valuable competitive advantage, particularly 
--->at this exciting time for mobile payments, blockchain, & cryptocurrencies."

Spiros Margaris, named worldwide #1 FinTech influencer and Glance Advisor says, "Glance Technologies is well prepared 
--->and positioned to execute its expansion strategy successfully in 2018. I am very excited to be part of this success st
--->ory."

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 goods and services, make payments, access digital receipts, redeem digital deals, earn g
--->reat rewards & interact with merchants. Glance is building a valuable network of merchants and consumers, and offers t
--->argeted in-app marketing, geo targeted digital coupons, social media marketing, customer feedback, in-merchant messagi
--->ng and custom rewards programs. The Glance Pay mobile payment system consists of proprietary technology, which include
--->s user apps available for free downloads in IOS (Apple) and Android formats, merchant manager apps, a large scale tech
--->nology hosting environment with sophisticated anti-fraud technology and lightning fast payment processing. Glance Pay 
--->has entered into significant licensing agreements to access the cannabis, fitness and wellness, foreign student and to
--->urist markets through Cannapay Financial Inc , Active Pay Distribution Inc. and Euro Asia Pay Holdings Inc.
For more information about Glance, please go to www.glance.tech or 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 (collectively "forward- looking 
--->information") within the meaning of applicable securities laws. Forward- looking information is typically identified b
--->y words such as: "believe", "expect", "anticipate", "intend", "estimate", "potentially" and similar expressions, or ar
--->e those, which, by their nature, refer to future events. Glance cautions investors that any forward-looking informatio
--->n provided by Glance is not a guarantee of future results or performance, and that actual results may differ materiall
--->y from those in forward-looking complete discussion of such risk factors and their potential effects which may be acce
--->ssed through the Glance's profile on SEDAR at www.sedar.com.