TORONTO, ONTARIO — (Marketwired) — 07/27/15 — (“DealNet” or the “Company”) (CSE: DLS) is pleased to announce the Company has received approval to list its common shares on the TSX Venture Exchange (“TSXV”). The Company intends to voluntarily delist its common shares from the facilities of the Canadian Securities Exchange immediately prior to the commencement of trading on the TSXV to ensure continued and seamless trading for the Company–s shareholders.
Listing of the common shares will be subject to the Company fulfilling all of the listing requirements of the TSXV and the issuance by the TSXV of its final bulletin. The Company expects that its common shares will commence trading on the TSXV on July 28, 2015 under the trading symbol “DLS”.
“We are delighted to announce this significant milestone. Acceptance onto the TSX Venture Exchange is a reflection of the Company–s overall development of its business and governance which broadens our visibility and access to capital and funders for our consumer finance business while providing enhanced liquidity for our shareholders,” says Dr. Steven Small, the Corporation–s Executive Chairman. Mr. Michael Hilmer, CEO, adds, “This development specifically advances the Corporation–s credibility and capability to secure additional business from major corporate clients.”
Forward Looking Statements
This press release contains forward-looking statements. The forward-looking statements are based on certain expectations and assumptions made by the Company. Although the Company believes that those expectations and assumptions are reasonable, undue reliance should not be placed on the forward-looking statements because the Company can give no assurance that they will prove to be correct. Since forward-looking statements address future events and conditions, by their very nature they involve inherent risks and uncertainties. Actual results could differ materially from those anticipated due to a number of factors and risks. The forward-looking statements contained in this press release are made as of the date hereof. The Company disclaims any intention or obligation to update or revise any forward-looking statements whether as a result of new information, future events or otherwise, except as required under applicable securities laws.
About DealNet Capital Corp.
DealNet Capital Corp. focuses on two key vertical markets, Consumer Engagement and Consumer Finance. Through acquisitions, the Company has become a leader in the Consumer Engagement space helping their corporate customers –speak– to their consumers the way they want to be spoken to using live Voice, Chat, Text, Email and Proximity based engagement solutions. The Company has leveraged its engagement business to offer home improvement financing solutions to consumers, which offer attractive yields and low default rates. The Company continues to seek acquisitions in these key markets.
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Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
Contacts:
DealNet Capital Corp.
Michael Hilmer
COO, Interim President and CEO
+1-416-420-5529
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