PowerBand Announces Closing of $12.8M Brokered Private Placement, Including Partial Exercise of the Agents' Option
Toronto, Ontario--(Newsfile Corp. - July 8, 2021) - PowerBand Solutions Inc. (TSXV: PBX) (OTCQB: PWWBF) (FSE: 1ZVA) ("PowerBand", "PBX" or the "Company"), a comprehensive e- commerce solution transforming the online experience to sell, trade, lease, and finance vehicles, is pleased to announce that it has closed its previously announced private placement offering (the "Offering") for aggregate gross proceeds of $12,775,901. A total of 18,788,090 common shares of the Company (the "Offered...
2021-07-08 9:45 AM EDT
PowerBand Announces Non-Brokered Private Placement Financing
Vancouver, British Columbia--(Newsfile Corp. - February 5, 2019) - PowerBand Solutions Inc. (TSXV: PBX) (OTCQB: PWWBF) (FSE: 1ZVA) ("PowerBand", "PBX" or the "Company"), a leading online auction and remarketing platform to buy and sell used vehicles, is pleased to announce that it intends to issue on a non-brokered private placement basis (the "Private Placement") up to 20,000,000 common shares of the Company at a price of $0.20 per share for gross proceeds of up to $4,000,000. The Private...
2019-02-05 9:00 AM EST
PowerBand Appoints Gordon Cummings as CFO
Vancouver, British Columbia--(Newsfile Corp. - November 5, 2018) - PowerBand Solutions Inc. (TSXV: PBX) (OTCQB: PWWBF) (FSE: 1ZVA) ("PowerBand" or the "Company"), a leading online auction and remarketing platform to buy and sell used vehicles, is pleased to announce that it has appointed Gordon Cummings, CPA, CA, FCA (UK), as Chief Financial Officer of the Company. Gordon has over 29 years of experience in finance and management including: senior managerial positions in 2 of the Big 4 audit...
2018-11-05 11:11 AM EST
PowerBand Appoints Mike Moen as President, COO & Director
Vancouver, British Columbia--(Newsfile Corp. - November 2, 2018) - PowerBand Solutions Inc. (TSXV: PBX) (OTCQB: PWWBF) (FSE: 1ZVA) ("PowerBand" or the "Company"), a leading online auction and remarketing platform to buy and sell used vehicles, is pleased to announce that it has appointed Mike Moen, MSc. EMPA MBA, as President and Chief Operating Officer of the Company. Mike has also been appointed to PowerBand's Board of Directors. Kelly Jennings, CEO of PowerBand stated: "Mike was initially...
2018-11-02 9:00 AM EDT
Powerband Appoints INFOR Financial Inc. for Market Maker Services
Vancouver, British Columbia--(Newsfile Corp. - October 23, 2018) - PowerBand Solutions Inc. (TSXV: PBX) (OTCQB: PWWBF) (FSE: 1ZVA) ("PowerBand" or the "Company"), a leading online auction and remarketing platform to buy and sell used vehicles, is pleased to announce that it has retained INFOR Financial Inc. ("INFOR Financial") to provide market making services on the TSX Venture Exchange (the "TSX-V"), in compliance with the policies and guidelines of the exchange. INFOR Financial will trade...
2018-10-23 9:00 AM EDT
PowerBand Provides Corporate Update
Vancouver, British Columbia--(Newsfile Corp. - October 9, 2018) - PowerBand Solutions Inc. (TSXV: PBX) (OTCQB: PWWBF) (FSE: 1ZVA) ("PowerBand" or the "Company"), a leading online auction and remarketing platform to buy and sell used vehicles, is pleased to provide the following corporate development update for its shareholders. As we enter Fall 2018 PowerBand Solutions ("PowerBand" or "the Company") continues to build and lay the foundation for becoming the premier online marketplace for used...
2018-10-09 9:00 AM EDT
PowerBand Announces DTC Eligibility of Its Common Shares in the United States
Vancouver, British Columbia--(Newsfile Corp. - September 19, 2018) - PowerBand Solutions Inc. (TSXV: PBX) (OTCQB: PWWBF) (FSE: 1ZVA) ("PowerBand" or the "Company"), a leading online auction and remarketing platform to buy and sell used vehicles, is pleased to announce that the Company's common shares traded in the United States, under the symbol PWWBF, are Depository Trust Company ("DTC") eligible. DTC is a subsidiary of The Depository Trust & Clearing Corporation, which manages electronic...
2018-09-19 9:00 AM EDT
PowerBand Retains Renmark Financial Communications to Provide Investor Relations Services
Vancouver, British Columbia--(Newsfile Corp. - September 14, 2018) - PowerBand Solutions Inc. (TSXV: PBX) (OTCQB: PWWBF) (FSE: 1ZVA) ("PowerBand" or the "Company"), a leading online auction and remarketing platform to buy and sell used vehicles, is pleased to announce it has retained the services of Renmark Financial Communications Inc. ("Renmark") to provide investor relations services. Kelly Jennings, Chief Executive Officer of PowerBand, stated: "We are pleased to announce that we have...
2018-09-14 9:00 AM EDT
PowerBand Completes Acquisition of LeadSource Canada
Vancouver, British Columbia--(Newsfile Corp. - September 4, 2018) - PowerBand Solutions Inc. (TSXV: PBX) (OTCQB: PWWBF) (FSE: 1ZVA) ("PowerBand" or the "Company"), a leading online auction and remarketing platform to buy and sell used vehicles, is pleased to announce, further to its news release of July 10, 2018, the closing of its acquisition (the "Transaction") of 1070879 B.C. Ltd., operating as LeadSource Canada ("LeadSource"), pursuant to a definitive share purchase agreement. Based in...
2018-09-04 9:00 AM EDT
Powerband Announces Closing Date, Approval of Leadsource Acquisition
Vancouver, British Columbia--(Newsfile Corp. - August 30, 2018) - PowerBand Solutions Inc. (TSXV: PBX) (OTCQB: PWWBF) (FSE: 1ZVA) ("PowerBand" or the "Company"), a leading online auction and remarketing platform to buy and sell used vehicles, is pleased to announce that further to the news release dated July 10, 2018, it has received approval from the TSX Venture Exchange and will close its acquisition (the "Transaction") of 1070879 BC Ltd., operating as LeadSource Canada ("LeadSource"), on...
2018-08-30 9:00 AM EDT
PowerBand Takes Major Step in U.S. Expansion by Engaging Mike Moen as Strategic Advisor
Vancouver, British Columbia--(Newsfile Corp. - August 13, 2018) - PowerBand Solutions Inc. (TSXV: PBX) (OTCQB: PWWBF) (FSE: 1ZVA) ("PowerBand" or the "Company"), a leading online auction and remarketing platform to buy and sell used vehicles, is pleased to announce that it has taken a significant step in expanding its operations in to the United States by engaging Mike Moen, MSc. EMPA MBA as a Strategic Advisor. Mike brings over 25 years of business experience in the private and public sector...
2018-08-13 9:00 AM EDT
PowerBand and TUV NORD Mobility Sign Letter of Intent to Integrate Business Platforms
Vancouver, British Columbia--(Newsfile Corp. - August 1, 2018) - PowerBand Solutions Inc. (TSXV: PBX) (OTCQB: PWWBF) (FSE: 1ZVA) ("PowerBand" or the "Company"), a leading online auction and used vehicle marketplace, and TÜV NORD Mobility Inc. ("TÜV NORD Mobility") are pleased to announce that they have signed a Letter of Intent to integrate their respective business platforms. TÜV NORD Mobility Inc. is a subsidiary of TÜV NORD Group, a technical service provider with worldwide activities....
2018-08-01 9:00 AM EDT
PowerBand and Zoom Blockchain Solutions Sign Letter of Intent to Form an Automotive Blockchain Alliance
Vancouver, British Columbia--(Newsfile Corp. - July 18, 2018) - PowerBand Solutions Inc. (TSXV: PBX) (OTCQB: PWWBF) (FSE: 1ZVA) ("PowerBand" or the "Company"), a leading online auto auction and remarketing platform to buy and sell used vehicles, has announced that it has signed a Letter of Intent with Zoom Blockchain Solutions, Inc. ("Zoom"), to establish a disruptive automotive-related blockchain and application technologies solution. The alliance will be named, "Zoom Automotive Solutions"...
2018-07-18 9:30 AM EDT
PowerBand Signs Letter of Intent to Acquire LeadSource
Vancouver, British Columbia--(Newsfile Corp. - July 10, 2018) - PowerBand Solutions Inc. (TSXV: PBX) (OTCQB: PWWBF) (FSE: 1ZVA) ("PowerBand" or the "Company"), a leading online auction and remarketing platform to buy and sell used vehicles, is pleased to announce that it has entered into a non-binding Letter of Intent (the "LOI") with 1070879 B.C. Ltd. operating as LeadSource Canada ("LeadSource") to acquire 100% of all outstanding shares of LeadSource (the "Transaction"). Based in Kelowna,...
2018-07-10 9:00 AM EDT
PowerBand Lists on the OTCQB Market
Vancouver, British Columbia--(Newsfile Corp. - June 29, 2018) - PowerBand Solutions Inc. (TSXV: PBX) (OTCQB: PWWBF) (FSE: 1ZV) ("PowerBand" or the "Company"), a leading online auction and remarketing platform to buy and sell used vehicles, is pleased to announce that its common shares have been listed for trading, effective June 29, 2018, on the OTC Markets Group's OTCQB Venture Market (the "OTCQB") under the symbol "PWWBF". In addition to the OTCQB, PowerBand's common shares will continue to...
2018-06-29 9:30 AM EDT
PowerBand Provides Management Update
Vancouver, British Columbia--(Newsfile Corp. - June 25, 2018) - PowerBand Solutions Inc. (TSXV: PBX) (OTC Pink: PWWBF) (FSE: 1ZV) ("PowerBand" or the "Company"), a leading online auction and remarketing platform to buy and sell used vehicles, is pleased to announce that it continues to build and strengthen its management team in these early stages of its growth as a public company. The board of directors ("Board") is pleased to have recently appointed Joe Mastrogiacomo, CA/CPA MBA, as...
2018-06-25 9:00 AM EDT
CORRECTION: PowerBand Files Q1 Statements and Management Discussion and Analysis and Provides Update
Vancouver, British Columbia--(Newsfile Corp. - May 31, 2018) - PowerBand Solutions Inc. (TSXV: PBX) (OTC Pink: PWWBF) (FSE: 1ZV) ("PowerBand" or the "Company"), a leading online auction and remarketing platform to buy and sell used vehicles, confirms its financial statements and MD&A for the quarter ended March 31, 2018 are available for viewing on SEDAR. The Company is also pleased to provide investors with an update. PowerBand CEO Kelly Jennings provided the following commentary: “What the...
2018-05-31 9:36 AM EDT
PowerBand Files Q1 Statements and Management Discussion and Analysis and Provides Update
Vancouver, British Columbia--(Newsfile Corp. - May 31, 2018) - PowerBand Solutions Inc. (TSXV: PBX) (OTC Pink: PWWBF) (FSE: 1ZV) ("PowerBand" or the "Company"), a leading online auction and remarketing platform to buy and sell used vehicles, confirms its financial statements and MD&A for the quarter ended March 31, 2018 are available for viewing on SEDAR. The Company is also pleased to provide investors with an update. PowerBand CEO Kelly Jennings provided the following commentary: “What the...
2018-05-31 9:00 AM EDT
PowerBand to Attend the 8th LD Micro Invitational on June 4-6
Vancouver, British Columbia--(Newsfile Corp. - May 11, 2018) - PowerBand Solutions Inc. (TSXV: PBX) (OTC Pink: PWWBF) (FSE: 1ZV) ("PowerBand" or the "Company") a leading online remarketing platform to buy and sell used vehicles, is pleased to announce it is attending the 8th annual LD Micro Invitational. "With a pending OTCQB listing, we are very excited to participate in the LD Micro Invitational conference in California. The U.S. is the world's largest equity market and we view this forum...
2018-05-11 10:28 AM EDT
PowerBand Provides Corporate Update
Vancouver, British Columbia--(Newsfile Corp. - May 1, 2018) - PowerBand Solutions Inc. (TSXV: PBX) ("PowerBand" or the "Company") a leading online remarketing platform to buy and sell used vehicles, is pleased to provide the following financing and corporate development update for its shareholders. PowerBand Solutions is addressing a need in the vast automotive remarketing industry, where over 40 million used vehicles are bought and sold in the United States alone each year, with 10 million...
2018-05-01 9:00 AM EDT