TSX-V: BEAN $0.42 -0.01 -1.18% Volume: 15,500 May 22, 2018
Pricing delayed 20 minutes

Peekaboo Beans Announces Extension of Private Placement Financing

Jun 23, 2017

Not For Distribution to U.S. Newswire Services or For Dissemination in the United States. Any Failure To Comply With This Restriction May Constitute A Violation Of U.S. Securities Laws.

Vancouver, British Columbia (FSCwire) - Peekaboo Beans Inc. (“Peekaboo Beans” or the “Company”) (TSXV-BEAN), a direct-sales retailer of children’s apparel, announces that, further to its press releases dated March 2, 2017, April 12, 2017, and May 12, 2017, it has received an extension from the TSX Venture Exchange (the “TSXV”) with respect to the completion of the final tranche(s) of its previously announced private placement (the “Private Placement”). The outside date upon which final acceptance of the Private Placement will be granted by the TSXV has been extended until July 12, 2017.

The Company intends to use the net proceeds from the Private Placement to expand its independent sales network of “Stylists” into the United States, and further expand its operations in Eastern Canada which will include, in each case, sales training, marketing initiatives, software development and inventory.

Forward-Looking Information

Neither 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. This news release may include forward-looking information that is subject to risks and uncertainties. All statements within, other than statements of historical fact, are to be considered forward-looking, including statements with respect to the use of proceeds from the Private Placement and the closing of the final tranche(s) of the Private Placement. Although the Company believes the expectations expressed in such forward-looking information are based on reasonable assumptions, such information is not a guarantee of future performance and actual results or developments may differ materially from those contained in forward-looking information. Factors that could cause actual results to differ materially from those in forward-looking information include, but are not limited to, fluctuations in market prices, successes of the operations of the Company, continued availability of capital and financing and general economic, market or business conditions. There can be no assurances that such information will prove accurate and, therefore, readers are advised to rely on their own evaluation of such uncertainties. The Company does not assume any obligation to update any forward-looking information except as required under the applicable securities laws.

For further information, please contact:

Peekaboo Beans Inc.
Mrs. Traci Costa
CEO and President
+ (604) 279-2326

Investor Relations:


To view the original version, visit: http://investors.peekaboobeans.com/overview/

SOURCE: Peekaboo Beans Inc.

To view this press release as a PDF file, click onto the following link:

Source: Peekaboo Beans Inc. (TSX Venture:BEAN)

Copyright © 2017 Filing Services Canada Inc.

Email Alerts


Enter the code shown above.

Follow Us