HIRE Technologies to Acquire Kavin Talent Management & Recruiting and Announces Concurrent Financing
Toronto, Ontario--(Newsfile Corp. - November 24, 2020) - HIRE Technologies Inc. (TSXV: HIRE) ("HIRE"...
2020-11-24 9:33 AM EST
HIRE Technologies to Present at the Virtual Gravitas Technology and Diversified Investor Day
Toronto, Ontario--(Newsfile Corp. - October 13, 2020) - HIRE Technologies Inc. (TSXV: HIRE) (the "Company" or "HIRE"), consolidator of staffing, IT, and HR consulting firms, is pleased to announce it will be participating in the Gravitas Technology and Diversified Investor Day taking place Thursday, October 15th, 2020 virtually.HIRE's Chief Executive Officer, Simon Dealy, is scheduled to present on Thursday, October 15th at 12:00 PM EST. Mr. Dealy will also be fielding investor questions...
2020-10-13 9:36 AM EDT
HIRE Invests in Atlas ID and Launches COVID-19 Risk Platform for Canadian Businesses
Ontario and Vancouver, British Columbia--(Newsfile Corp. - September 30, 2020) -
2020-09-30 9:43 AM EDT
HIRE Technologies Acquires The Headhunters
HIRE's network to accelerate organic growth across the group of companies. Toronto, Ontario--(Newsfile Corp. - September 2, 2020) - HIRE Technologies...
2020-09-02 9:03 AM EDT
HIRE Technologies Announces Financial Results for the Second Quarter of 2020 and Names Dan Teguh as Chief Financial Officer
Adjusted EBITDA(1) was ($249,241) for the three months ended June 30, 2020, significantly improved from adjusted EBITDA of ($744,476) for the same quarter in 2019.Revenue remained resilient considering the COVID-19 pandemic and was $2,597,492 for the second quarter, down from $2,953,026 for the same period in 2019. Despite the challenges associated with the COVID-19 pandemic, especially evident in permanent placements, revenue from contract and temporary placements in the IT sector was up...
2020-08-31 9:22 AM EDT
HIRE Technologies Closes Oversubscribed Private Placement and Announces Grant of Stock Options
Toronto, Ontario--(Newsfile Corp. - August 24, 2020) - Hire Technologies Inc. (TSXV: HIRE) (the "Company" or "HIRE") is pleased to announce that it has closed its non-brokered private placement offering (the "Offering"), initially communicated in a news release dated August 10, 2020, of 9% unsecured convertible debentures (the "Convertible Debentures") for aggregate gross proceeds of $2,419,000.Simon Dealy, CEO of HIRE Technologies commented: "We had overwhelming interest for this round of...
2020-08-24 9:16 AM EDT
HIRE Technologies Announces Upsize of Previously Announced Non-Brokered Private Placement to $2.5 Million
Toronto, Ontario--(Newsfile Corp. - August 13, 2020) - HIRE Technologies Inc. (TSXV: HIRE) (the "Company" or "HIRE") is pleased to announce that due to overwhelming demand from investors, it has increased the maximum size of the previously announced non-brokered private placement of 9% convertible debentures maturing July 31, 2023 (the "Private Placement") from gross proceeds of $2,250,000 to $2,500,000 (the "Increased Non-Brokered Offering"). The proceeds from the Increased Non-Brokered...
2020-08-13 10:01 AM EDT
HIRE Technologies Announces $2.25 Million Private Placement
Toronto, Ontario--(Newsfile Corp. - August 10, 2020) - HIRE Technologies Inc. (TSXV: HIRE) (the "Company" or "HIRE") announces that it is undertaking a non-brokered private placement (the "Offering") of 9% unsecured convertible debentures (the "Convertible Debentures") for gross proceeds of up to $2,250,000 to fund acquisitions and investments as well as for use as working capital to deliver on the Company's strategic plan. Simon Dealy, CEO of HIRE Technologies commented, "Given how strong...
2020-08-10 10:05 AM EDT
HIRE Technologies & RSI International Systems Mutually Terminate Transaction to Combine
Toronto, Ontario--(Newsfile Corp. - June 22, 2020) - HIRE Technologies Inc. (TSXV: HIRE) ("HIRE") and RSI International Systems Inc. (NEX: RSY.H) ("RSI") have mutually agreed to terminate their agreement to combine or amalgamate, as announced in a press release dated February 21, 2020.Neither party must pay the other a termination fee because of the mutual decision to terminate the agreement.About RSI International SystemsRSI International Systems Inc. sold its only business asset,...
2020-06-22 8:45 AM EDT
HIRE Technologies Announces Financial Results for the First Quarter of 2020
For Immediate ReleaseHIRE achieved its best quarterly financial results to date with adjusted EBITDA(1) of $50,019 and adjusted net earnings(2) of $12,566, during the three months ended March 31, 2020. Net loss for the quarter was $744,865, or 0.02 per share. HIRE's revenue and profitability is proving to be highly resilient throughout the COVID-19 pandemic with only a 3.6% YoY decrease in revenue for the quarter ended March 31, 2020, offset by a 3.8% YoY increase in gross profit...
2020-06-01 9:54 AM EDT
Bay Talent Group Announces Corporate Name Change to Hire Technologies
Toronto, Ontario--(Newsfile Corp. - April 17, 2020) - Bay Talent Group (TSXV: HIRE) ("HIRE" or the "Company") announces it has proposed to change its name to "HIRE Technologies Inc." effective April 21, 2020, subject to TSX Venture Exchange approval. The new name, HIRE Technologies, better reflects the Company's technology focus in the staffing, recruitment, and HR consulting sectors."Our mission as an acquirer of technology and staffing firms is to develop a comprehensive network of...
2020-04-17 8:39 AM EDT
Bay Talent Group Announces Management Changes
Toronto, Ontario--(Newsfile Corp. - April 6, 2020) - Bay Talent Group Inc. (TSXV: HIRE) ("BTG" or the "Company"), announces that its Board of Directors has accepted the resignation of Mr. Allan Hartley as Chief Executive Officer and a Director of the Company, effective immediately. The Company also announces the resignation of Steven Wang as officer and director of BTG's subsidiaries, Provision IT Resources Ltd. and PTC Accounting and Finance Inc., effective immediately. Both Mr. Hartley and...
2020-04-06 8:50 AM EDT
Staffing Declared an Essential Service: Bay Talent Group Remains Committed to Supporting Businesses During COVID-19 Shutdown
Toronto, Ontario--(Newsfile Corp. - March 25, 2020) - The Ontario government listed staffing as an essential service, allowing staffing companies to maintain operations during the COVID-19 imposed shutdown of the province until April 13, 2020. Bay Talent Group (TSXV: HIRE) (BTG) will continue to support businesses during this time by providing in-demand and flexible workforce solutions through their subsidiaries. "Our number one priority right now is to help essential businesses function...
2020-03-25 10:24 AM EDT
Bay Talent Group to Combine with RSI International Systems Inc.
Toronto, Ontario--(Newsfile Corp. - February 21, 2020) - Bay Talent Group Inc. (TSXV: HIRE) ("Bay Talent" or the "Company") and RSI International Systems Inc. ("RSI") are pleased to jointly announce a binding letter of intent (the "LOI") pursuant to which the Company and RSI have agreed to amalgamate or otherwise combine (the "Combination"), with the combined entity continuing operations under the name of the Company. Mr. Allan Hartley, Bay Talent Group's CEO, said, "Joining forces with RSI...
2020-02-21 10:00 AM EST
Bay Talent Group to Present at the Third Annual Gravitas Growth Conference
Vancouver, British Columbia--(Newsfile Corp. - February 12, 2020) - Bay Talent Group Inc. (TSXV: HIRE) ("BTG" or "the Company"), a consolidator of staffing firms with a particular focus on innovative recruitment technologies, is pleased to announce it will be presenting at the Third Annual Gravitas Growth conference taking place on February 20th, 2020 at the Fairmont Pacific Rim Hotel in Vancouver, BC. Allan Hartley, BTG's Chief Executive Officer, will be speaking at 10:45 am."We're honoured...
2020-02-12 3:06 PM EST
Bay Talent Group Opens the Toronto Stock Exchange on January 30
Vancouver, British Columbia--(Newsfile Corp. - January 28, 2020) - To celebrate Bay Talent Group's (TSXV: HIRE) ("BTG" or the "Company") recent listing on the TSX Venture Exchange, BTG's senior management, certain members of its Board of Directors, and other professional colleagues who have been integral to the Company's journey will ring the opening bell of the Toronto Stock Exchange on Thursday, January 30, 2020. BTG began trading on the TSX Venture Exchange on December 23, 2019."We have...
2020-01-28 8:30 AM EST
Bay Talent Group Announces Attendance at the AlphaNorth Capital Investment Conference
Vancouver, British Columbia--(Newsfile Corp. - January 17, 2020) - Bay Talent Group Inc. (TSXV: HIRE) ("BTG" or "the Company"), a company focused on the consolidation of staffing firms and development of innovative recruitment technologies, is pleased to announce it will be participating in the AlphaNorth Capital Investment Conference at the Grand Hyatt Baha Mar in the Bahamas from January 17-19, 2020. The conference introduces growth-stage companies across different sectors, including...
2020-01-17 8:45 AM EST
Bay Talent Group Inc. Launches Partner on Premises Revenue Share Program Securing First Partnership with Stockhouse Publishing Limited
Vancouver, British Columbia--(Newsfile Corp. - January 16, 2020) - Bay Talent Group Inc. (TSXV: HIRE) ("BTG") is pleased to announce the launch of its Partner on Premises program, a unique revenue share partnership with BTG that allows organizations to offer staffing solutions to their contacts and clients as an additional revenue stream. Stockhouse Publishing Ltd. ("Stockhouse"), Canada's highly recognized financial portal and one of North America's largest small-cap investor communities,...
2020-01-16 8:45 AM EST
Danacore Industries Inc. Announces Closing of Qualifying Transaction with Bay Talent Group Inc. and Change of Name
Vancouver, British Columbia--(Newsfile Corp. - December 20, 2019) - Danacore Industries Inc. (TSXV: DANA.P) (the "Company") is pleased to report that it has closed its previously announced Qualifying Transaction (the "Transaction") and changed its name to "Bay Talent Group Inc."The Company's shares are expected to resume trading on the TSXV as a Tier 2 Industrial Issuer under the ticker symbol "HIRE" on December 23, 2019, subject to the TSXV issuing its final exchange bulletin confirming the...
2019-12-20 8:42 AM EST
Danacore Industries Inc. Files Filing Statement for Qualifying Transaction with Bay Talent Group Inc.
Vancouver, British Columbia--(Newsfile Corp. - December 2, 2019) - Danacore Industries Inc. (TSXV: DANA.P) ("Danacore" or the "Company") is pleased to announce that it has filed its filing statement dated November 26, 2019 (the "Filing Statement") in connection with its proposed business combination with Bay Talent Group Inc. ("Bay Talent Group" or "BTG") which will result in a reverse take-over of Danacore by the shareholders of Bay Talent Group and which will constitute Danacore's...
2019-12-02 8:00 AM EST