SEB Reports Results for Second Quarter, 2017
Corporate Update and Schedules Conference Call
New Equity Financing Closed for $969,200 – Corporate Update
MISSISSAUGA, ONTARIO — (Marketwired) — 06/30/17 — Smart Employee Benefits Inc. ("SEB" or the "Company") (TSX VENTURE: SEB) is pleased to provide the following corporate update.Total Equity RaisedSEB has closed a total of $6,979,508 in equity over the past 8 months. Of this amount, $6,060,308 was a Unit Offering of one share and one warrant, where the warrant is exercisable at $0.30, for a period of 18 months. A share offering at $0.16 accounted for $919,200 of the remain
SEB Reports Results for First Quarter, 2017
Corporate Update, Conference Call Scheduled
SEB Closes $22.5 Million Credit Facilities With A Major Canadian Bank
MISSISSAUGA, ONTARIO — (Marketwired) — 04/21/17 — Smart Employee Benefits Inc. ("SEB" or the "Corporation") (TSX VENTURE: SEB) is pleased to announce the closing of its new credit facilities with a major Canadian Bank (the "Bank") in the amount of $22,500,000. The credit facilities were obtained by SEB–s Technology Division. SEB–s Benefits Division has no debt beyond normal accounts payable.The new financing arrangements consist of an operating demand facilit
Smart Employee Benefits Schedules 2016 Year End Results Conference Call
MISSISSAUGA, ONTARIO — (Marketwired) — 04/03/17 — Smart Employee Benefits Inc. ("SEB" or the "Company") (TSX VENTURE: SEB), will hold its 2016 Year End Results Conference Call & Webcast on Tuesday, April 4th at 9:30 a.m. (Eastern Time) to discuss results and current business initiatives.Conference Call Details:Canada & USA Toll Free Dial In: 1-800-319-4610Toronto Toll Dial In: 1-416-915-3239Callers should dial in 5-10 minutes prior to the scheduled start time and
SEB Acquires Aon Hewitt–s Mid-Market Health and Welfare Benefits Administration Business in Canada
MISSISSAUGA, ONTARIO — (Marketwired) — 04/03/17 — Smart Employee Benefits Inc. ("SEB" or the "Company") (TSX VENTURE: SEB) is a leading provider of software, solutions and services which manage mission critical systems and infrastructure for corporate and government clients. SEB is pleased to announce it has entered into an agreement with Aon Hewitt Inc. ("Aon Hewitt") on March 31, 2017, to acquire Aon Hewitt–s mid-market health and welfare administration busi
SEB Announces Closing of Second Tranche of $1.5 Million Unit Offering
MISSISSAUGA, ONTARIO — (Marketwired) — 03/31/17 — Smart Employee Benefits Inc. ("SEB" or the "Company") (TSX VENTURE: SEB) announces that is has closed a second tranche of its $1.5 million unit offering (the "Offering").Aggregate proceeds of $500,000 were raised on this second tranche closing. 2,500,000 units (each a "Unit") were issued at a price of $0.20 per Unit. Each Unit consists of one common share of the Company and one transferable common shar
SEB Reports Fourth Quarter and Full Year Results
MISSISSAUGA, ONTARIO — (Marketwired) — 03/31/17 — Mississauga, ON: Smart Employee Benefits Inc. ("SEB" or the "Company") (TSX VENTURE: SEB) today reported its financial results for the fourth quarter ended November 30, 2016.HIGHLIGHTS FOR THE FOURTH QUARTER AND 2016 FISCAL YEAR(All comparative figures are for the fourth quarter and full year 2016)1) Operation Income:Cash Operating expenses declined as a % of revenue:2) Divisional Performance:3) Consolidated Earnings (Los
SEB Announces Closing of First Tranche of $1.5 Million Unit Offering
MISSISSAUGA, ONTARIO — (Marketwired) — 03/27/17 — Smart Employee Benefits Inc. ("SEB" or the "Company") (TSX VENTURE: SEB) announces that is has closed a first tranche of its $1.5 million unit offering (the "Offering").Aggregate proceeds of $225,000 were raised on this first tranche closing. 1,125,000 units (each a "Unit") were issued at a price of $0.20 per Unit. Each Unit consists of one common share of the Company and one transferable common share
SEB Closes Equity Financing Totaling $5,005,308
MISSISSAUGA, ONTARIO — (Marketwired) — 02/06/17 — Smart Employee Benefits Inc. ("SEB" or the "Company") (TSX VENTURE: SEB) announces that is has closed a third and final tranche of its equity offering (the "Offering"). Aggregate gross proceeds were $5,005,308 of which insiders contributed $2,010,308, the majority from companies owned or controlled by the CEO of SEB.Aggregate proceeds of $1,800,863 were raised on this third tranche closing. 9,004,315 units (each