BeWhere Holdings Inc. Has Closed the Final Tranche of Previously Announced Non-Brokered Private Placement
TORONTO, ON, October 11, 2017 – BeWhere Holdings Inc. (TSXV: BEW, OTCQB: BEWFF) (“BeWhere” or the “Company”) is pleased to announce that it has closed its final tranche of the non-brokered private placement of Common Shares. The aggregate total of 7,165,000 Common Shares at a price of $0.30 per Common Share have been issued pursuant to the private placement, for total gross proceeds of $2,149,500.
The 1,000,000 Common Shares issued on the final tranche of the private placement are subject to a statutory four month hold period, which expires February 12, 2018. Finders’ fees have been paid in cash in an amount equal to 6% of the gross proceeds from the sale of some of the Common Shares issued on the final tranche of the private placement.
BeWhere (TSXV: BEW, OTCQB: BEWFF) is an Industrial Internet of Things (“HOT”) solutions company that designs and sells hardware with sensors and software applications for environmental sensing and to track real-time information on assets. The Company develops mobile applications, middle-ware and cloud based solutions that stand-alone or that can be readily integrated with existing software. Its solutions enable end-users a level of operational visibility that is more easily accessible and significantly easier to implement than in the past.
ON BEHALF OF THE BOARD
“Owen Moore” CEO & Director
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
For further information:
Owen Moore at +1 (844) 229-4373 email@example.com