08:56:27 EST Mon 27 Jan 2020
Enter Symbol
or Name

Login ID:

Shell Summary for Aug. 27, 2019

2019-08-27 21:05 ET - Market Summary

This item is part of Stockwatch's value added news feed and is only available to Stockwatch subscribers.

Here is a sample of this item:

by Stockwatch Business Reporter

The TSX Venture Exchange gained a fraction to close at 583.64 Tuesday. Darryl Cardey's capital pool shell, Dataminers Capital Corp. (DMC: halted), has a financing update in connection with its qualifying transaction. Its QT target, Zoomd Ltd., has closed an $8.38-million private placement at $1. Zoomd is an on-line marketing software company in Israel. Since first announcing this deal in September, 2018, Dataminers and Zoomd have released the terms of the QT: The shell will roll back 1 for 2.5, leaving it with 524,000 shares issued, then issue 82,552,915 shares to its target's shareholders (not including the subscribers to the recently closed financing).

Zoomd was founded in 2013. It offers a search engine platform that enables website visitors to do searches within a particular website. The search engine collects users' data (including search history and website preferences while browsing a particular website) and analyzes those to improve the selection of advertisements that are shown to each user. Zoomd has another product, a mobile app that is designed for use by advertisers. Through the app, for example, they can buy on-line ads that will be shown to specific target customer groups.

The remainder is available to Stockwatch subscribers.
Sign-up for a FREE 30-day Stockwatch subscription and SEE NO ADS

© 2020 Canjex Publishing Ltd. All rights reserved.

Reader Comments - Comments are open to paying subscribers of Stockwatch and unmoderated, although libelous remarks, obscene language and impersonations may be deleted. Opinions expressed do not necessarily reflect the views of Stockwatch.
For information regarding Canadian libel law, please view the University of Ottawa's FAQ regarding Defamation and SLAPPs.