Pool Safe Inc.

Recent News

  • Pool Safe Closes Final Tranche of Previously Announced Non-Convertible Debenture Financing

    Toronto, Ontario--(Newsfile Corp. - November 10, 2022) - Pool Safe Inc. (TSXV: POOL) ("Pool Safe" or the "Company") is pleased to announce the closing of the final tranche of the previously announced non-brokered debenture financing (the "Debenture Financing") up to $1,500,000 of 8% unsecured non-convertible debenture units ("Debenture Units") consisting of the issuance of 130 Debenture Units for gross proceeds of $130,000. The Company raised an aggregate of $805,000 pursuant to both tranches of the Debenture Financing. All dollar...

    2022-11-10 4:31 PM EST
  • Pool Safe Announces Grant of Stock Options

    Toronto, Ontario--(Newsfile Corp. - September 7, 2022) - Pool Safe Inc. (TSXV: POOL) ("Pool Safe" or the "Company") announces that it has granted an aggregate amount of 4,461,487 stock options (the "Options") to a certain director or consultant of the Company pursuant to its omnibus incentive plan which was approved by the shareholders of the Company on December 1, 2022. This issuance of Options has three separate vesting terms, with each third vesting upon achieving specific milestones. Once...

    2022-09-07 10:56 AM EDT
  • Pool Safe Closes First Tranche of $1.5 Million Convertible Debenture Financing

    Toronto, Ontario--(Newsfile Corp. - August 31, 2022) - Pool Safe Inc. (TSXV: POOL) ("Pool Safe" or the "Company") is pleased to announce the closing of the first tranche of the previously announced non-brokered debenture financing (the "Debenture Financing") up to $1,500,000 of 8% unsecured convertible debenture units ("Debenture Units") consisting of the issuance of 675 Debenture Units for gross proceeds of $675,000.00. All dollar amounts referenced in this release are in Canadian dollars.Under the terms of the Debenture Financing, each...

    2022-08-31 11:43 AM EDT
  • Pool Safe Gains Hospitality Veteran as Its New Executive Chairman and Provides Corporate Update

    Toronto, Ontario--(Newsfile Corp. - August 30, 2022) - Pool Safe Inc. (TSXV: POOL) ("Pool Safe" or the "Company") is pleased to announce that Mr. Nils Kravis has been appointed as Executive Chairman of the Company's Board of Directors. Mr. David Berger, former Executive Chairman, will continue in his role as Chief Executive Officer and a Director of the Company.Mr. Kravis is an accomplished senior executive with deep and diverse experience in developing people, culture, and brands within the hospitality industry....

    2022-08-30 7:00 AM EDT
  • Pool Safe Concludes Significantly Increased Line of Credit at a Lower Interest Rate and Extended Term in Addition to a Non-Brokered Debenture Financing

    Toronto, Ontario--(Newsfile Corp. - July 13, 2022) - Pool Safe Inc. (TSXV: POOL) ("Pool Safe" or the "Company") is pleased to announce it has concluded an agreement (the "Amendment") with Intrexa Ltd. (the "Lender"), to amend the parties' credit agreement (the "Credit Agreement"), by increasing the line of credit (the "Credit Facility") to $3.5 million from the current $1 million. The Agreement is at a decreased interest rate of 8% annually from 10% and includes a multi-year term extension. ...

    2022-07-13 5:12 PM EDT
  • Pool Safe Provides Shareholders with Corporate Update

    Toronto, Ontario--(Newsfile Corp. - August 30, 2021) - Pool Safe Inc. (TSXV: POOL) ("Pool Safe" or the "Company") is pleased to provide shareholders with an update on the Company's progress and achievements throughout the year.CEO MESSAGE TO SHAREHOLDERS:On behalf of the Pool Safe team, I would like to begin by thanking all of our stakeholders for your continued support in an environment that has been very challenging for everyone. When the COVID-19 pandemic began it became imperative that our Company...

    2021-08-30 11:45 AM EDT
  • Pool Safe Announces Changes to Its Board of Directors

    Toronto, Ontario--(Newsfile Corp. - August 12, 2021) - Pool Safe Inc. (TSXV: POOL) ("Pool Safe" or the "Company") announces that Mr. Russel H. McMeekin has resigned from the Company's Board of Directors. Mr. David Berger, Chairman & CEO of Pool Safe stated, "My fellow Board members and I would like to thank Russ for his dedication and significant contribution to the Company. We wish him the very best."The Company is pleased to announce that Ms. Gillian F.J. Deacon...

    2021-08-12 4:05 PM EDT
  • Pool Safe Announces Closing of Financing and Conversion of All Convertible Debentures and Promissory Note

    Toronto, Ontario--(Newsfile Corp. - May 6, 2021) -  Pool Safe Inc. (TSXV: POOL) ("Pool Safe" or the "Company") announces that the proposed shares for debt transaction ("Debt Conversion") involving holders of all outstanding convertible debentures and a promissory note holder and the debenture financing as described in the Company's press release disseminated on April 26, 2021 have been approved by the TSX Venture Exchange and the transactions contemplated thereby have now closed. Early Warning ReportPrior to the Debt Conversion,...

    2021-05-06 3:02 PM EDT