Pool Safe Announces Upsize of Non-Brokered Debenture Financing
Toronto, Ontario--(Newsfile Corp. - June 27, 2023) - Pool Safe Inc. (TSXV: POOL) ("Pool Safe" or the "Company") is pleased to announce an upsize to the previously announced non-brokered private placement of unsecured convertible debentures ("Debentures Units") at a price of $1,000 per Debenture Unit. The principal sum of the Debentures to be issued is increased from CAD$1,000,000 to up to CAD$1,140,000 (the "Debenture Financing"). As previously announced, each Debenture Unit consists of (a)...
2023-06-27 7:10 PM EDT
Pool Safe Closes First Tranche of $1 Million Convertible Debenture Financing
Toronto, Ontario--(Newsfile Corp. - June 1, 2023) - Pool Safe Inc. (TSXV: POOL) ("Pool Safe" or the "Company") is pleased to announce the closing of the first tranche of its previously announced non-brokered debenture financing (the "Debenture Financing"). The Company closed on 420 Debenture Units ("Debenture Units") for gross proceeds of $420,000. Under the terms of the Debenture Financing, each Debenture Unit consists of (a) one $1,000 face value debenture ("Debenture"), and (b) 28,500...
2023-06-01 9:23 AM EDT
Pool Safe Announces Non-Brokered Debenture Financing
Toronto, Ontario--(Newsfile Corp. - April 17, 2023) - Pool Safe Inc. (TSXV: POOL) ("Pool Safe" or the "Company") is pleased to announce a non-brokered debenture financing (the "Debenture Financing"), under which it intends to sell up to $1,000,000 aggregate principal amount of unsecured and non-convertible debentures ("Debentures Units") at a price of $1,000 per Debenture Unit. Under the terms of the Debenture Financing, each Debenture Unit consists of (a) one $1,000 face value debenture...
2023-04-17 4:30 PM EDT
Pool Safe Announces Stock Options and RSU Grants
Toronto, Ontario--(Newsfile Corp. - March 22, 2023) - Pool Safe Inc. (TSXV: POOL) ("Pool Safe" or the "Company") announces that it has granted up to an aggregate amount of 3,400,000 stock options (the "Options") to certain directors, officers, employees, and consultants of the Company pursuant to its amended omnibus incentive plan which was approved by the shareholders of the Company on February 28, 2023. This issuance of Options has two separate vesting terms, one half of the Options shall...
2023-03-22 4:15 PM EDT
Pool Safe Inc. Announces Results of Annual General and Special Meeting of Shareholders
Toronto, Ontario--(Newsfile Corp. - March 1, 2023) - Pool Safe Inc. (TSXV: POOL) ("Pool Safe" or the "Company") is pleased to announce that all matters put forward at the Company's Annual General and Special Meeting (the "Meeting") of shareholders of the Company (the "Shareholders") held on February 28, 2023 were duly approved. Details on the voting results are provided below. At the Meeting, a total of 49,157,751 votes were cast, representing 55.09% of the issued and outstanding shares of...
2023-03-01 9:15 AM EST
Pool Safe Announces Closing of Debt Conversion, Update on Debenture and Bonus Warrants Expiry Extension and RSU Grant
Toronto, Ontario--(Newsfile Corp. - January 27, 2023) - Pool Safe Inc. (TSXV: POOL) ("Pool Safe" or the "Company") announces that, further to its news release dated December 29, 2022 (the "Press Release"), the TSX Venture Exchange (the "Exchange") approved the issuance of 750,000 common shares in the capital of the Company (the "Common Shares") in exchange for $22,500 of certain existing debt owed to a director of the Company (the "Debt Conversion"). The Common Shares issued pursuant to the...
2023-01-27 1:10 PM EST
Pool Safe Enters into Debt Conversion Agreement and Announces Debenture and Bonus Warrants Expiry Extension
Toronto, Ontario--(Newsfile Corp. - December 29, 2022) - Pool Safe Inc. (TSXV: POOL) ("Pool Safe" or the "Company") announces that, subject to approval by the TSX Venture Exchange, the Company will undertake a plan to exchange $22,500 of certain existing debt (the "Debt Conversion") payable to a director of the Company by issuing 750,000 common shares of the Company (the "Common Shares"). The terms surrounding the Debt Conversion were approved by the Board of Directors on December 29, 2022....
2022-12-29 1:13 PM EST
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...
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....
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...
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...
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 has been appointed to serve...
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...
2021-05-06 3:02 PM EDT
Pool Safe Announces Closing of Amendments to Convertible Debentures
Toronto, Ontario--(Newsfile Corp. - February 28, 2020) - Pool Safe Inc. (TSXV: POOL) ("Pool Safe" or the "Company") announces that the proposed extension and amendments to the terms of its unsecured convertible debentures and warrants as described in the Company's press release disseminated on February 19, 2020 have been approved by the TSX Venture Exchange and the transactions contemplated thereby have now closed. About Pool Safe Inc. Pool Safe Inc. designs, develops and distributes a...
2020-02-28 8:51 AM EST
Poolsafes Now Available at Norwegian Cruise Line Holdings Ltd. Resort Destination Harvest Caye, Belize
Toronto, Ontario--(Newsfile Corp. - June 5, 2019) - Pool Safe Inc. (TSXV: POOL) ("Pool Safe" or the "Company") is pleased to announce that Norwegian Cruise Line Holdings Ltd. ("Norwegian") (NYSE: NCLH), a leading global cruise company which operates Norwegian Cruise Line, Oceania Cruises and Regent Seven Seas Cruises brands, purchased PoolSafe units for in-service use and evaluation. The PoolSafe units have been delivered to Harvest Caye, Norwegian's resort-style destination in Belize. "The...
2019-06-05 10:34 AM EDT
Pool Safe Partners with the Ravine Waterpark in California
Toronto, Ontario--(Newsfile Corp. - May 30, 2019) - Pool Safe Inc. (TSXV: POOL) ("Pool Safe" or the "Company") is pleased to announce that it has partnered with The Ravine Waterpark (the "Ravine") for 20 PoolSafe units under a three-year revenue share partnership. "The Ravine opened in 2007 and each year has seen continued growth in their attractions, events and attendance," said David Berger, CEO of Pool Safe. "This year they have added the security, convenience and the luxury of PoolSafe...
2019-05-30 9:53 AM EDT
Maui Jack's Waterpark Purchases PoolSafe Units
Toronto, Ontario--(Newsfile Corp. - May 27, 2019) - Pool Safe Inc. (TSXV: POOL) ("Pool Safe" or the "Company") is pleased to announce that it has sold 23 PoolSafe units to Maui Jack's, a premier waterpark on Chincoteague Island in Virginia. "The waterpark industry continues to be a very strong sales and revenue share vertical for the Company", said David Berger, CEO of Pool Safe. "As the industry market-data suggests, luxury cabanas continue to be one of the main attractions at a waterpark....
2019-05-27 12:00 PM EDT
Pool Safe Enters the Florida Market with Three Revenue Share Partnerships
Toronto, Ontario--(Newsfile Corp. - May 23, 2019) - Pool Safe Inc. (TSXV: POOL) ("Pool Safe" or the "Company") continues a year of strong development in the Florida market with the announcement that it has signed three outdoor waterparks to the Company's three-year revenue share partnership, for a total deployment of 83 PoolSafe units. "Florida is a very important tourist market in the United States and has some of the world's most famous theme and waterparks. It's location and climate lend...
2019-05-23 9:00 AM EDT