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
Peeks Social Ltd. Provides an Update on Performance of the Peeks Product
TORONTO, ON -(Marketwired - March 08, 2017) - Peeks Social Ltd. (TSX VENTURE: PEEK ) ( OTCQB : KEEKF ) today provided details on certain key performance indicators ("KPIs") relating to the Peeks product. The Company routinely monitors certain KPIs that it has identified as important in understanding the performance of the Peeks product. Overall Peeks has experienced strong month over month growth across tracked metrics with the exception of a three and a half week period where the Peeks app was unavailable in the Apple App Store (see press releases dated January 17, 2017, and February 13, 2017). The temporary absence from the Apple App Store had a negative impact on user growth, which also resulted in a decreased amount of viewable and tippable content and a general temporary decline across most tracked metrics. Since the re-instatement of the Peeks app on the Apple App Store in mid-February, upward trends across most tracked metrics have been re-established. The...
March 8, 2017
Keek Inc. Announces Name Change to Peeks Social Ltd.
Keek Inc. (TSX VENTURE: KEK) (OTCQB: KEEKF) is pleased to announce that it has changed its name to Peeks Social Ltd. The Company has also changed its stock trading symbol on the TSX Venture Exchange to PEEK . The common shares of the Company will commence trading under the new name and trading symbol at the opening of trading tomorrow, March 3, 2017 . The Company is not subdividing, consolidating, or otherwise altering its share capital in association with the name change. "Our corporate name change is a momentous occasion in the history of the Company, in that it marks the beginning of a brand new era. Our new name is a manifestation of our new vision, new management, new products, and renewed future. Much like our peers - Facebook, Snapchat, and YouTube - our name is our brand and now our brand is our name," said Mark Itwaru, CEO of 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)...
March 2, 2017
Keek Inc. Provides Product Updates
Keek Inc. (TSX VENTURE: KEK) (OTCQB: KEEKF) today provided updates on both the Peeks OfferBox Service and the new Peeks Crowdfunding Service (PCF). The OfferBox, originally announced in November 2016 (see press release dated November 23, 2016 ), is now expected to be launched in March 2017 . The OfferBox will allow broadcasters to purchase and configure targeted interactive ads and actionable incentives to be presented to their viewers in the Peeks social network. The OfferBox will enable the Peeks platform to derive additional revenues from the sale of advertising impressions, affiliate fees, and billable advertising actions. In preparation for the release of the OfferBox, several consumer brands and advertisers have been secured to participate in the initial launch. The Company is also pleased to announce that PCF will be launched in the coming days. PCF will allow Peeks broadcasters to raise funds from their viewing audience for a number of reasons including: charitable donations,...
February 23, 2017
Keek Inc. Appoints Prominent Banking Executive Jim Westlake to Its Board
Keek Inc. (TSX VENTURE: KEK) (OTCQB: KEEKF) is pleased to announce that it has appointed Mr. Jim Westlake to its Board of Directors. Mr. Westlake has more than 35 years of experience in the financial services industry, most recently serving as Group Head, International Banking and Insurance, Royal Bank of Canada . Previous roles at RBC included oversight of: retail and commercial banking activities in Canada ; RBC Dominion Securities ; and RBC Asset Management. Mr. Westlake was also a member of RBC's Group Executive, being one of nine executives responsible for setting the overall strategic direction of RBC . Prior to joining RBC , Mr. Westlake spent 19 years with the Metropolitan Life Insurance Company , his last role being Vice President and Chief Operating Officer, Canadian Operations. He is a former Chair of the Canadian Bankers Association and the Canadian Chamber of Commerce . He also sits on the board of the Canadian Paralympic Committee and chairs their foundation, and sits on...
February 21, 2017
Keek Inc. Provides Peeks iOS Product Update
Keek Inc. (TSX VENTURE: KEK) (OTCQB: KEEKF) today announced that further to its press release dated January 17, 2017 , an updated Peeks iOS app is now available in the Apple App Store . The newly deployed Peeks iOS app includes the previously announced improved user interface ("UI"). Similar to the update for the Peeks Android app announced on January 23, 2017 , the new iOS UI provides users with a variety of new features and improvements including: improved content categorization; easy access to professionally produced content; dedicated specialty channel for livestreaming gamers; streaming community comments on pre-recorded videos; improved navigation; easier access to follow, block and report other users and objectionable content; and content controls to include/exclude specific content categories along with other improvements. With the new app now available in the Apple App Store, the product and business development initiatives being prioritized for the Peeks service include:...
February 13, 2017
Keek Inc. Announces Inclusion in the 2017 TSX Venture 50, Provides Product Update
Keek Inc. (TSX VENTURE: KEK) (OTCQB: KEEKF) today announced that it has been selected for inclusion in the 2017 TSX Venture 50, a ranking of the top performers on the TSX Venture Exchange. The Company is also very pleased to announce that it has been named the number one company overall in the Technology sector. "We are very proud of this achievement and feel it is a reflection of the hard work and dedication of our entire team over the last year. We are striding towards an equally successful year ahead, and recognize the value and support of the TSX Venture Exchange and our shareholders in helping us achieve continued success and growth," said Mark Itwaru, CEO of Keek Inc. The TSX Venture 50 ranking is comprised of ten companies from each of the five industry sectors of the TSX Venture Exchange, being: Clean Technology and Life Sciences, Diversified Industries , Mining, Oil & Gas, and Technology. TSX Venture 50 companies are selected based on three equally weighted criteria:...
February 9, 2017
Keek Inc. Announces Launch of New Android User Interface for the Peeks Service
Keek Inc. (TSX VENTURE: KEK) (OTCQB: KEEKF) today announced the launch of its new user interface ("UI") for the Peeks Android app. The new UI provides users with a variety of new features and improvements including: improved content categorization; easy access to professionally produced content; dedicated specialty channel for livestreaming gamers; streaming community comments on pre-recorded videos; improved navigation; easier access to follow, block and report other users and objectionable content; and content controls to include/exclude specific content categories along with many other improvements. "We are extremely pleased with the release of our new UI and the overwhelmingly positive feedback from our Android user community. We are confident the new iOS UI will be equally well received by our Apple users in the next few days," said Mark Itwaru, CEO of Keek Inc. The Company continues to work with Apple towards the upcoming release of the new UI for the iOS platform. The Peeks...
January 23, 2017
Keek Inc. Provides Peeks Product Updates
Keek Inc. (TSX VENTURE: KEK) (OTCQB: KEEKF) today provided updates on the Peeks livestreaming service. As originally announced in a press release dated November 14, 2016 , a new user interface ("UI") has been in development over the past two months. The new UI has been designed in order to better categorize content in the service as well as to facilitate the broadcasting of recently acquired licensed content. The need for content categorization has become increasingly important over recent weeks as the user activity levels on the apps have amplified significantly. The increased activity levels have resulted in a wide variety of content, including content of a mature nature, being blended into the main content feed, where content is currently filtered and displayed to users based on age but not yet by category or type. In response, Apple has advised the Company that the Peeks iOS app will be temporarily unavailable in the iOS App Store pending the submission and approval of a new iOS...
January 17, 2017