TORONTO, ONTARIO — (Marketwired) — 06/16/16 — This release corrects and replaces the release sent for Tellza Communications Inc. on June 16 at 6:12 PM ET. The headline was incorrect and should have read "TELLZA ANNOUNCES COMPLETION OF CONSOLIDATION." The complete and corrected release follows.Tellza Communications Inc. ("Tellza" or the "Company") (TSX: TEL) announced that it has completed the previously announced consolidation of its common shares on a one-for-
TORONTO, ONTARIO — (Marketwired) — 06/16/16 — Tellza Communications Inc. ("Tellza" or the "Company") (TSX: TEL) announced that it has completed the previously announced consolidation of its common shares on a one-for-fifteen basis. The common shares of Tellza will be posted for trading on the Toronto Stock Exchange on a consolidated basis at the opening of trading on Monday, June 20, 2016.In accordance with the provisions of Letters of Transmittal previously mailed to sh
TORONTO, ONTARIO — (Marketwired) — 06/06/16 — Tellza Communications Inc. (TSX: TEL) announced that it has sold its Tel3 brand and related customer base together with certain receivables due to Tellza in exchange for marketable securities with an estimated fair value of US$2 million and the assumption by the buyer of Tellza–s obligations related to the prepayment of service by Tel3 customers. The marketable securities acquired by Tellza are subject to a six month hold period."Tellza–s
TORONTO, ONTARIO — (Marketwired) — 05/26/16 — Tellza Communications Inc. ("Tellza" or the "Company") (TSX: TEL) announced that the five nominees listed in its Management Proxy Circular dated April 15, 2016 were elected as directors of Tellza. Detailed results of the vote for the election of directors held on Thursday, May 26, 2016 in Toronto, Ontario at Tellza–s Annual and Special Meeting of Shareholders are as follows.The Company also announced that its shareholders ap
TORONTO, ONTARIO — (Marketwired) — 04/15/16 — Tellza Communications Inc. (TSX: TEL) announced today that it intends to propose a 15:1 consolidation of its issued and outstanding common shares (the "Shares") at its annual and special meeting of shareholders to be held on May 26, 2016. The record date for the determination of shareholders entitled to receive notice of and vote at the meeting is April 6, 2016. If the shareholders pass the resolution to consolidate the Shares as propo
TORONTO, ONTARIO — (Marketwired) — 04/14/16 — Tellza Communications Inc. (TSX: TEL) announced today that it has completed the acquisition of 33% of Rightway Holdings LLC ("Rightway") from two existing shareholders (the "Vendors") for USD $5.5 Million.Rightway () is a US based structured settlements firm which assists its clients, through a court approved process, to convert their structured settlements and lottery winnings into a lump sum payment.Of the $5.5 Million purc
TORONTO, ONTARIO — (Marketwired) — 03/16/16 — Tellza Communications Inc. (TSX: TEL) announced today that it has exercised its right to acquire 9.99% of Merkez Factoring A.S. ("Merkez"), of Istanbul, Turkey, for a purchase price of $0.7 Million USD. Tellza has the further right to acquire up to 49% of Merkez prior to December 31, 2016, subject to the approval of the Banking Regulatory Supervisory Agency of Turkey ("BRSA").Tellza has successfully grown its annual revenues
TORONTO, ONTARIO — (Marketwired) — 11/24/15 — Tellza Communications Inc. (TSX: TEL) announced today that it has purchased for cancellation 8,804,014 common shares of Tellza Communications Inc., representing approximately 5% of the outstanding shares of the Company, at an average price of $0.10 per common share. As in the past, Tellza will continue to buy and cancel its shares when opportunities present themselves.The shares were acquired from Company executives and former executives pursuan
