Press Releases

June 21 / 2018

POOL SAFE ANNOUNCES FINAL CLOSE OF CONVERTIBLE DEBENTURE FINANCING

TORONTO, ON June 21, 2018 - Pool Safe Inc. ("Pool Safe” or the “Company”) (TSXV: POOL) has closed the second and final tranche of $35,000 of its previously announced non-brokered private placement for gross proceeds of up to $200,000 through the issuance of 35 convertible debenture units at a price of $1,000 per convertible debenture unit.…

May 17 / 2018

POOLSAFE PARTNERS WITH COMMERCIAL FUNDING GROUP TO PIVOT THE BUSINESS MODEL TO RECURRING REVENUE

TORONTO, ON May 17, 2018 - Pool Safe Inc. ("Pool Safe” or the “Company”) (TSXV: POOL) is pleased to announce that it has signed a financing agreement with Commercial Funding Group (“CFG”) which will enable the Company to build, deliver and install its Internet of Things (“IoT”) Connected PoolSafe product with revenue share partners around the world. …

May 01 / 2018

POOL SAFE ANNOUNCES CONVERTIBLE DEBENTURE FINANCING

TORONTO, ON May 1, 2018 - Pool Safe Inc. ("Pool Safe” or the “Company”) (TSXV: POOL) is pleased to announce a private placement offering of up to 200 convertible debenture units (the “Convertible Debenture Units”) at a price of $1,000 per Convertible Debenture Unit for aggregate gross proceeds of up to $200,000 (the “Private Placement”). Each Convertible Debenture Unit will consist of $1,000 principal amount of 10% unsecured convertible debentures of the Company (the "Convertible Debentures") and 4,545 common share purchase warrants (the “Warrants”) of the Company. Each Warrant will be exercisable to acquire one common share (a "Warrant Share") for a period of two years following the date of closing at an exercise price of $0.15 per Warrant Share, subject to adjustment in certain events.…

April 11 / 2018

POOL SAFE GRANTS STOCK OPTIONS

TORONTO, April 11, 2018 / - The Board of Directors of Pool Safe Inc. ("Pool Safe” or the “Company”) approved the grant of 500,000 stock options to purchase common shares of the Company to certain directors, officers and employees of the Company. The options were issued with an exercise price of $0.11 per share, vest as to one-third (1/3) immediately and 1/3 each on the first and second anniversaries of the date of issuance and have a term of five years. The issuance of the options is subject to all necessary approvals by the TSX Venture Exchange.…

March 14 / 2018

POOL SAFE ANNOUNCES CHANGES TO ITS BOARD OF DIRECTORS

TORONTO, ON March 14, 2018 - Pool Safe Inc. ("Pool Safe” or the “Company”) (TSXV: POOL) announces that D. Campbell Deacon has resigned from the Company’s Board of Directors for personal reasons. Mr. Deacon has been a key contributor to Pool Safe since he joined the Board of Directors. Mr. David Berger, Chairman & CEO of Pool Safe stated, “I would like to thank Cam for his valuable contributions to the Company and on behalf of the Board we wish him every success in his future endeavours.”…

February 15 / 2018

POOL SAFE AND PARTNER ALAWWAL PROPERTIES OPEN DUBAI OFFICE

TORONTO, ON February 15, 2018 - Pool Safe Inc. ("Pool Safe” or the “Company”) (TSXV: POOL) is pleased to announce that, further to its press release of August 28, 2017, it has opened a sales, marketing and distribution office in the Jumeirah Lakes Towers (“JLT”) in Dubai, United Arab Emirates with its partner Alawwal Properties Corp. (“Alawwal”).…

February 13 / 2018

POOL SAFE ANNOUNCES INITIAL CLOSING OF CONVERTIBLE DEBENTURE FINANCING

TORONTO, ON February 13, 2018 - Pool Safe Inc. ("Pool Safe” or the “Company”) (TSXV: POOL) is pleased to announce the closing of the first tranche of $300,000 of a non-brokered private placement for gross proceeds of up to $500,000 (the “Offering”) through the issuance of $1,000 principal amount convertible debenture units (the “Convertible Debenture Units”). The terms of the Offering remain the same as disclosed in the Company’s news release dated January 23, 2018.…

February 06 / 2018

COWABUNGA BAY WATERPARK PARTNERS WITH POOL SAFE FOR ALL THEIR PRIVATE AND VIP CABANAS

TORONTO, ON February 6, 2018 - Pool Safe Inc. ("Pool Safe” or the “Company”) (TSXV: POOL) is pleased to announce that it has signed a revenue share agreement with Cowabunga Bay, a premier Las Vegas based waterpark. Under the terms of the agreement, Pool Safe and Cowabunga Bay will enter into a three-year revenue share partnership for 51 PoolSafes.…

January 23 / 2018

POOL SAFE ANNOUNCES CONVERTIBLE DEBENTURE FINANCING

TORONTO, ON January 23, 2018 - Pool Safe Inc. ("Pool Safe” or the “Company”) (TSXV: POOL) is pleased to announce a private placement offering of up to 500 convertible debenture units (the “Convertible Debenture Units”) at a price of $1,000 per Convertible Debenture Unit for aggregate gross proceeds of up to $500,000 (the “Private Placement”). Each Convertible Debenture Unit will consist of $1,000 principal amount of 10% unsecured convertible debentures of the Company (the "Convertible Debentures"). The net proceeds received by the Company will be used to finance inventory for the build and delivery of PoolSafes for revenue share partnerships or direct sales, and for working capital and general corporate purposes.…

September 18 / 2017

Pool Safe Inc. and Informed Marketing LLC sign U.S. distribution agreement

TORONTO, September 18, 2017 / - Pool Safe Inc. ("Pool Safe” or the “Company”) is pleased to announce the execution of a Distribution Agreement (the “Agreement”) with Informed Marketing LLC (“IMLLC”). Under the terms of the Agreement, IMLLC will market the PoolSafe product to their established network and relationships within the hospitality industry throughout the United States of America (“U.S.A.”).…

August 28 / 2017

PSI & Alawwal Sign Exclusive Distribution Agreement for MENA.

TORONTO, August 28, 2017 / - Pool Safe Inc. ("Pool Safe” or the “Company”) is pleased to announce the signing of an Exclusive Distribution Agreement (the “Agreement”) with Alawwal Properties Corp. (“Alawwal”).…

June 02 / 2017

PSI Grants Options (PR)

TORONTO, June 2, 2017 /  ‐  The Board of Directors of Pool Safe Inc. ("Pool Safe” or the “Company”) approved the grant of 4.1 million stock options to purchase common shares of the Company to certain directors, officers and employees of the Company.  The options were issued with an exercise price of $0.11 per share, vest as to one‐third (1/3) immediately and 1/3 each on the first and second anniversaries of the date of issuance and have a term of five years.    The issuance of the options is subject to all necessary approvals by the TSX Venture Exchange.…

June 02 / 2017

PSI Retains Frontier (PR)

TORONTO, June 2, 2017 /  ‐  Pool Safe Inc. ("Pool Safe” or the “Company”) has engaged FronTier Merchant Capital Group (“FronTier”) to provide the Company with investor relations (“IR”) and marketing services. FronTier is an IR group with a home office in Toronto, Canada. FronTier will assist the Company in increasing market awareness by using a number of financial market communications initiatives, including facilitating in‐person introductions for the Company with institutional and retail brokers in Toronto in addition to other financial centres.    FronTier will also assist the Company with media distribution on national television, radio and multiple on‐line channels to achieve greater financial market penetration.…

May 01 / 2017

PSI Engages Mackie (PR)

TORONTO, ON May 1, 2017 - Pool Safe Inc. ("Pool Safe” or the “Company”) (TSXV: POOL) is pleased to announce that, subject to regulatory approval, it has retained Mackie Research Capital Corporation (“Mackie”) to initiate its liquidity services by providing market making to the Company in compliance with the policies and guidelines of the TSX Venture Exchange (the “TSXV”) and other applicable legislation.…

April 19 / 2017

PSI_Pounder Complete QT (PR)

CALGARY, April 19, 2017 /CNW/ - Pool Safe Inc. (NEX: PDR.H) ("Pool Safe" or the "Corporation"), a capital pool company listed on the NEX board (the "NEX") of the TSX Venture Exchange (the "Exchange"), is pleased to announce that it completed its previously announced qualifying transaction (the "Qualifying Transaction") with Pool Safe Inc. ("PSI"). Among the conditions imposed by the Exchange for completion of the Qualifying Transaction was a requirement that the Corporation complete a concurrent financing.…

April 06 / 2017

PSI MENA Distribution Agmt (PR)

CALGARY, April 6, 2017 - Pounder Venture Capital Corp. (NEX: PDR.H, “Pounder”), a capital pool company listed on the NEX board of the TSX Venture Exchange and Pool Safe Inc. ("Pool Safe”) announce that Pool Safe has signed a Preliminary Distribution Agreement (“Agreement”) with Alawwal Properties Corp. (“Alawwal”) for sales and revenue share partnerships, of its PoolSafe product, within the Middle East and North Africa Region (“MENA” or “MENA Region”). In conjunction with the Agreement, Pool Safe is pleased to announce the appointment of Mohammed Yahya A. Alhadi to its Board of Directors.…

March 07 / 2017

PSI Mngmt & BoD Changes(PR)

CALGARY, March __, 2017 - Pounder Venture Capital Corp. ("Pounder") (NEX: PDR.H), a capital pool company listed on the NEX board of the TSX Venture Exchange (the "Exchange") and Pool Safe Inc. ("Pool Safe” or the “Company”) announce the transformation to its Executive Office and Board of Directors.…

December 06 / 2016

PSI_Pounder Update on QT (PR)

CALGARY, December 6, 2016 /CNW/ - Pounder Venture Capital Corp. (NEX: PDR.H) ("Pounder" or the "Corporation"), a capital pool company listed on the NEX board (the "NEX") of the TSX Venture Exchange (the "Exchange"), is pleased to provide an update on its previously-announced proposed business combination with Pool Safe Inc. ("Pool Safe”). The proposed transaction is intended to constitute an arm’s length qualifying transaction (the "Qualifying Transaction") for Pounder, as defined in Policy 2.4 of the Exchange. Upon completion of the Qualifying Transaction and the Private Placement Financing (as defined and described below), it is expected that Pounder will be an Industrial Issuer, subject to Exchange approval.…