LOOPShare Restructures Bridge Loan into Long-Term Debt
Vancouver, British Columbia--(Newsfile Corp. - January 17, 2020) - LOOPShare Ltd. (TSXV: LOOP) (OTCQB: LPPPF) (FSE: 3KZ) ("LOOPShare" or the "Company") announces that it has restructured its previously announced bridge loan facility (the "Loan") with an arm's length third party (the "Lender") (see press releases dated July 24, 2019 and September 25, 2019). The Lender has agreed to roll Cdn$257,595 of the principal amount of the existing Loan into newly issued convertible debentures (the...
2020-01-17 6:16 PM EST
LOOPShare Engages UK Based Firm for European Market Awareness
Vancouver, British Columbia--(Newsfile Corp. - January 14, 2020) - LOOPShare Ltd. (TSXV: LOOP) (OTCQB: LPPPF) (FSE: 3KZ) ("LOOPShare" or the "Company") is pleased to announce that it has engaged Clarkham Capital Ltd. ("Clarkham") to assist in building awareness and to provide communications support for the Company to the European investing audience, with a focus on Germany in support of the Company's listing on the Frankfurt Stock Exchange (FSE: 3KZ).Over the coming months, Clarkham Capital...
2020-01-14 6:33 PM EST
LOOPShare Lists on Frankfurt Stock Exchange
Vancouver, British Columbia--(Newsfile Corp. - January 6, 2020) - LOOPShare Ltd. (TSXV: LOOP) (OTCQB: LPPPF) ("LOOPShare" or the "Company") is pleased to announce that its class "A" common shares ("Shares") are now listed on the Frankfurt Stock Exchange ("FSE") under the trading symbol 3KZ. The FSE, operated by Deutsche Börse AG, is one of the world's largest trading centers for securities and the largest of the seven stock exchanges in Germany. LOOPShare's Frankfurt listing is expected to...
2020-01-06 9:00 AM EST
LOOPShare Closes Final Tranche of Equity Financing
Vancouver, British Columbia--(Newsfile Corp. - December 16, 2019) - LOOPShare Ltd. (TSXV: LOOP) (OTCQB: LPPPF), announces that it has closed the third and final tranche of its previously announced non-brokered private placement (the "Private Placement"). In the third tranche aggregate gross proceeds of $763,500 were raised through the issuance of 3,817,500 class "A" common shares (each a "Share") at a price of $0.20 per share. Through all three tranches the Company has raised gross proceeds...
2019-12-16 9:00 AM EST
LOOPShare Closes Second Tranche of Equity Financing
Vancouver, British Columbia--(Newsfile Corp. - December 13, 2019) - LOOPShare Ltd. (TSXV: LOOP) (OTCQB: LPPPF), announces that it has closed the second tranche of its previously announced non-brokered private placement (the "Private Placement"). In the second tranche aggregate gross proceeds of $819,000 were raised through the issuance of 4,095,000 class "A" common shares (each a "Share") at a price of $0.20 per share. The Company intends to close a final tranche of the Private Placement for...
2019-12-13 9:00 AM EST
LOOPShare Confirms Conversion of 100% of Convertible Debentures
Vancouver, British Columbia--(Newsfile Corp. - November 25, 2019) - LOOPShare Ltd. (TSXV: LOOP) (OTCQB: LPPPF), announces that 100% of its outstanding secured convertible debentures ("Debentures") have been converted into class "A" common shares (each a "Share") based on a conversion price of $0.50 per share. The Debentures were originally issued in a private placement that was completed in November 2018 (see Company press release dated November 27, 2018 for further details). In connection...
2019-11-25 9:00 AM EST
LOOPShare Closes First Tranche of Equity Financing
Vancouver, British Columbia--(Newsfile Corp. - November 18, 2019) - LOOPShare Ltd. (TSXV: LOOP) (OTCQB: LPPPF), announces that is has closed the first tranche of its previously announced non-brokered private placement (the "Private Placement"). In the first tranche aggregate gross proceeds of $772,972 were raised through the issuance of 3,864,860 class "A" common shares (each a "Share") at a price of $0.20 per share. The Company intends to close additional tranches of the Private Placement...
2019-11-18 9:00 AM EST
LOOPShare Announces Financing Terms
Vancouver, British Columbia--(Newsfile Corp. - November 8, 2019) - LOOPShare Ltd. (TSXV: LOOP) (OTCQB: LPPPF) announces updated terms for its equity financing. LOOPShare intends to undertake a non-brokered private placement to raise a minimum of C$1.0 million and up to a maximum total of C$2.5 million through the issuance of class "A" common shares (each a "Share") at a price of $0.20 per share. The minimum offering will result in the issuance of 5 million Shares and the maximum offering...
2019-11-08 5:15 PM EST
LOOPShare Appoints New Chief Executive Officer
Vancouver, British Columbia--(Newsfile Corp. - October 16, 2019) - LOOPShare Ltd. (the "Company") (TSXV: LOOP) (OTCQB: LPPPF), world's first fully-integrated electric scooter sharing platform, is pleased to announce the appointment of Mr. Matthew Clayton as Chief Executive Officer, replacing Mr. Anwar Sukkarie. Mr. Clayton is the Company's existing Executive Chair and going forward will act as Executive Chair and Chief Executive Officer. Mr. Clayton has engendered a cross-industry experience...
2019-10-16 9:00 AM EDT
LOOPShare Confirms Effective Date for Share Consolidation
Vancouver, British Columbia--(Newsfile Corp. - October 4, 2019) - LOOPShare Ltd. (TSXV: LOOP) (OTCQB: LPPPF) (the "Company"), world's first fully-integrated electric moped sharing platform, announces further to its press release on October 1, 2019, the consolidation of its class "A" common shares ("common shares") on the basis on the basis of (1) post-consolidation share for every ten (10) pre-consolidation shares (the "Consolidation") will be effected at 12:01 a.m. on Tuesday, October 8,...
2019-10-04 5:00 PM EDT
LOOPShare Welcomes New Board Members and Announces Share Consolidation
Vancouver, British Columbia--(Newsfile Corp. - October 1, 2019) - LOOPShare Ltd. (the "Company") (TSXV: LOOP) (OTCQB: LPPPF), world's first fully-integrated electric scooter sharing platform, is pleased to announce the appointment of Mr. Evan Southern and Mr. Brian Grange as new board directors for the Company. Mr. Evan Southern is the Director of Communications for the Capital Regional District's Wastewater Treatment Project on Vancouver Island. With over 10 years' experience working in...
2019-10-01 9:00 AM EDT
LOOPShare Announces Additional Bridge Loan
Vancouver, British Columbia--(Newsfile Corp. - September 25, 2019) - LOOPShare Ltd. (TSXV: LOOP) (OTCQB: LPPPF), world's first fully-integrated electric scooter sharing platform, announces that it has increased its previously announced bridge loan facility (the "Loan") with an arm's length third party (the "Lender") for additional proceeds of US$100,000.00 (please refer to press release dated July 24, 2019 for additional details). The Loan is repayable 90 days from issuance of the Loan. The...
2019-09-25 5:18 PM EDT
LOOPShare Announces Partnership with OpenStreet - for Electric Scooter Sharing Technology Integration in Japan
Vancouver, British Columbia--(Newsfile Corp. - September 17, 2019) - LOOPShare Ltd. (TSXV: LOOP) (OTCQB: LPPPF), the world's first fully-integrated electric scooter sharing platform, has entered into a partnership with OpenStreet Co., Ltd. with the goal of integrating LOOPShare's electric scooter telematics and digital dashboard technology with OpenStreet's service in Japan. OpenStreet is an affiliate of SoftBank Corporation and Yahoo! Japan Corporation that provides electric bike sharing....
2019-09-17 9:00 AM EDT
LOOPShare Announces Arrival of Electric Mopeds and Financing Update
Vancouver, British Columbia--(Newsfile Corp. - August 26, 2019) - LOOPShare Ltd. (TSXV: LOOP) (OTCQB: LPPPF), world's first fully-integrated electric moped sharing platform, is pleased to announce that an initial 55 electric mopeds have arrived in Vancouver and are being prepared for ridesharing operations by the Company. These electric mopeds form the initial units that the Company intends to launch its electric scooter ridesharing service into British Columbia. Photos of the initial...
2019-08-26 9:00 AM EDT
LOOPShare Announces Bridge Loan to Accelerate Electric Scooter Delivery
Vancouver, British Columbia--(Newsfile Corp. - July 24, 2019) - LOOPShare Ltd. (TSXV: LOOP) (OTCQB: LPPPF), world's first fully-integrated electric scooter sharing platform, announces that it has entered into a bridge loan facility (the "Loan") with an arm's length third party (the "Lender") for proceeds of US$271,850.00. The proceeds of the Loan will allow LOOPShare to accelerate the delivery of its electric scooters in support of its partnership with Harbour Air to launch its electric...
2019-07-24 8:26 PM EDT
LOOPShare Announces Partnership with Harbour Air to Launch Electric Scooter Sharing Service in Vancouver, British Columbia
Vancouver, British Columbia--(Newsfile Corp. - July 18, 2019) - LOOPShare Ltd. (TSXV: LOOP) (OTCQB: LPPPF), world's first fully-integrated electric scooter sharing platform, is pleased to announce a partnership with Harbour Air to launch its electric scooter ridesharing service into Vancouver, British Columbia. Loop's electric scooters will be available for use in Vancouver on a station to station basis with pick-up and drop-off locations located at Harbour Air terminal points, hotels and...
2019-07-18 9:00 AM EDT
LOOPShare Welcomes New Management and Board Members
Vancouver, British Columbia--(Newsfile Corp. - July 17, 2019) - LOOPShare Ltd. (TSXV: LOOP) (OTCQB: LPPPF), the world's first fully-integrated electric scooter sharing platform, is pleased to confirm the election of Mr. Matthew Clayton and Mr. Roop Mundi as the Company's Annual General and Special Meeting. Mr. Clayton has also been appointed as Executive Chair of the Company, with a focus on business development and market expansion.Mr. Clayton has engendered a cross-industry experience that...
2019-07-17 9:00 AM EDT
LOOPShare Plans Master Zone Operator Growth; Founder, President & CEO to Step Down to Lead A Master Zone Operator
Vancouver, British Columbia--(Newsfile Corp. - July 16, 2019) - LOOPShare Ltd. (TSXV: LOOP) (OTCQB: LPPPF), world's first fully-integrated electric scooter sharing platform, announces plans to drive growth of Loop s.a.l., one of its Master Zone Operators in specified territories, by accepting the proposal of LOOPShare's founder, Anwar Sukkarie, to step down as President & CEO of LOOPShare in order to lead Loop s.a.l. and provide continued support to LOOPShare in an advisory capacity.The...
2019-07-16 7:23 PM EDT
LOOPShare Uplists to OTCQB Venture Market and Receives DTC Eligibility
Vancouver, British Columbia--(Newsfile Corp. - May 6, 2019) - LOOPShare Ltd. (TSXV: LOOP) (OTCQB: LPPPF), the world's first fully-integrated electric scooter sharing platform, has been approved to up-list from the OTC Pink® to the OTCQB® Venture Market, with its common stock to commence trading on the exchange beginning Tuesday, May 7, 2019 under the symbol, "LPPPF." The shares will continue to be dual listed, trading on the TSX Venture Exchange under the symbol "LOOP." The company’s common...
2019-05-06 4:01 PM EDT
LOOPShare Acquires Loop Scooter Zone Operator to Support Global Launch
Vancouver, British Columbia--(Newsfile Corp. - April 18, 2019) - LOOPShare Ltd. (TSXV: LOOP) (OTC Pink: LPPPF), the world's first fully-integrated electric scooter sharing platform, has acquired virtually all of the outstanding shares of Loop SAL, the company's first regional LoopZone™ operator. Loop SAL has independently operated the e-scooter service in Beirut, Lebanon since May 2017, and led the successful launch of the company's first international pilot program. Loop SAL has also played...
2019-04-18 8:31 AM EDT