Peeks Social Ltd. Announces Exercise of Warrants
Peeks Social Ltd. (TSX VENTURE: PEEK) (OTCQB: KEEKF) today announced that it has issued 2,118,000 common shares pursuant to the exercising of 1,968,000 warrants with an exercise price of $0.30 and 150,000 warrants with an exercise price of $0.25 , resulting in total gross proceeds of $627,900 being received by the Company. Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) has reviewed or accepts responsibility for the adequacy or accuracy of this Release. For further information, please contact:
March 22, 2017
Peeks Social Ltd.
Chairman & Chief Executive Officer
firstname.lastname@example.org Source: Peeks Social Ltd....
Live Movie Channel Comes to Peeks, "Peeks Drive-In" to Broadcast 500+ Movie Titles
Peeks Social Ltd. (TSX VENTURE: PEEK) (OTCQB: KEEKF) is pleased to announce that a live movie service named the "Peeks Drive-In" has been added to the Peeks app. The Peeks Drive-In is a first in social media in that it allows users to socially watch movies for free. Users can share their enjoyment of the movie by chatting with a global audience of fellow viewers watching the same movie in-sync with one another. An extensive catalogue of 500+ fully licensed titles will provide users with a wide variety of free full length movies and documentaries. New movie titles will be streamed weekly from the Peeks catalogue. Although the Peeks Drive-In is a free-to-enjoy service for Peeks users, it will also provide additional advertising revenue streams for the Peeks product. The service will be monetized via cost per impression based advertising units that appear as previews and segues between movies. The service will be further monetized through the upcoming OfferBox, which will facilitate the...
March 15, 2017
Peeks Crowdfunding Service Generates Over 400 Campaigns in First Week
Peeks Social Ltd. (TSX VENTURE: PEEK) (OTCQB: KEEKF) is pleased to announce that further to its press release dated February 23, 2017 , the Peeks Crowdfunding Service ("PCF") has been officially launched inside the Peeks app. The new PCF has generated more than 400 campaigns in its first week, in which users are collectively attempting to raise approximately $750,000 for a variety of initiatives. A typical user generated campaign has a duration of approximately two weeks. The Peeks app charges a platform fee to broadcasters ranging from 15% to 25% of contributions received in relation to their PCF campaigns. There is no guarantee that a user's campaign will be successful, however broadcasters receive all contributions from their viewers, even if they do not reach their stated funding goal. PCF allows users to raise funds from their viewers for a wide variety of causes, including but not limited to: funding school tuition, supporting career goals, and sponsoring athletic training. Both...
March 14, 2017