Peeks Social Ltd. Announces Financial Results for the Three Months Ended May 31, 2017
Peeks Social Ltd. (TSX VENTURE: PEEK) (OTCQB: PKSLF) ("Peeks" or "the Company") is pleased to announced that it has reported licensing revenue derived from the Peeks Social platform of $102,914 for the three months ended May 31, 2017 . Early stage licensing revenues generated from the Peeks Social platform have increased to $102,914 in Q1 2018 from $49,150 in Q4 2017 and $3,434 in Q3 2017. The increase represents a 109% increase quarter-over-quarter from Q4 2017 to Q1 2018. The Company has a fiscal year end of February 28 . The Peeks platform was launched in November 2016 . The Company also announced that the unaudited Financial Statements and Management's Discussion and Analysis ("MD&A") for the first quarter ended May 31, 2017, are now available on the Company's profile on SEDAR (www.sedar.com). Certain information provided in this news release is extracted from these documents and should be read in conjunction with them. It is only in the context of the fulsome information and...
July 31, 2017
Peeks Social Ltd. Establishes Independent Special Committee of the Board to Explore Acquisition of Personas.com Assets
Peeks Social Ltd. (TSX VENTURE: PEEK) (OTCQB: PKSLF) ("Peeks" or the "Company") is pleased to announce that it has established an independent special committee of its Board of Directors to explore and seek to negotiate the potential acquisition of certain assets of Personas.com Corporation ("Personas") pertaining to the Peeks Social service which are currently governed by a technology platform licensing agreement. Peeks entered into a technology licensing agreement with Personas on August 14, 2015, pursuant to which Personas agreed to pay the Company a licensing fee equal to 10% of the gross revenue earned by Personas through the use of the Company's platforms (the "Licensing Agreement"). The Licensing Agreement was subsequently amended in October 2016 to increase the licensing fee payable to the Company from 10% to 30% of the gross revenues earned by Personas through the use of the Company's platforms. The Licensing Agreement formed the foundation for the product initiative "Peeks...
July 25, 2017
Peeks Social Ltd. Retains Hybrid Financial for Strategic IR Initiatives
Peeks Social Ltd. (TSX VENTURE: PEEK) (OTCQB: PKSLF) today announced that it has retained the services of Hybrid Financial Inc. for strategic investor relations initiatives. The initiatives will include marketing, distribution, and branding services for the Company with a specific focus on elevating the Company's profile via brokers in the United States and Canada . Pursuant to the agreement Hybrid Financial will receive a monthly retainer of $12,500. The agreement commences August 1, 2017, for an initial term of three months, following which the agreement may be renewed by Peeks Social Ltd. on a month-to-month basis. Launched in 2011, Hybrid Financial has a team of 55 professionals operating in Toronto and Montreal . With a proprietary database of over 300,000 U.S. and Canadian brokers, Hybrid Financial's team members have structured and sold over $10 billion of investment products and the firm has raised over $2 billion on behalf of clients in the past 24 months. Additional...
July 21, 2017
Peeks Social Ltd. Discusses Performance Strategy, Mark Itwaru Acquires Shares on Open Market
Peeks Social Ltd. (TSX VENTURE: PEEK) (OTCQB: PKSLF) today provided additional discussion relating to the performance strategy for the Peeks product. The Peeks app was launched in November 2016 . The Company has identified user sessions and user deposits as being key performance indicators ("KPIs") for monitoring the performance of the Peeks product (see press release dated June 30, 2017 ). Average monthly dollars deposited per user increased over 800% between November 2016 and May 2017 (to $1.27 in May). User sessions increased almost 500% over the same period to 2 million in the month of May 2017 . The Company has identified which services, features, and processes are the most efficient in driving the performance of these metrics and will now be directing significantly greater resources to the ongoing improvement of these KPIs. "We are very happy with our performance to date. After 17 years of running tech companies, and as a paying shareholder with several million dollars of my own...
July 4, 2017
Forbes Top Fitness Influencer Jen Selter Joins Peeks
Peeks Social Ltd. (TSX VENTURE: PEEK) (OTCQB: KEEKF) is pleased to announce that it has reached an agreement with celebrity influencer Jen Selter . Jen will be leveraging the Peeks platform to give her 11 Million+ social media fans the opportunity to interact with her through live video and will be using Peeks as her premier livestreaming outlet to showcase behind the scenes content and eventually coordinate strategic brand placement opportunities through the OfferBox. As a top ranking social influencer with a very high engagement level, Jen is also an entrepreneur and involved with many brands. The Peeks teams will be working with Jen's management team and with her brands to create a Jen Selter Live Home Shopping experience on Peeks. The Company is excited to have Jen on board and she is gearing up towards her first livestream in the coming days. The Peeks app can be downloaded in either the Apple or Google app stores, or by visiting www.peeks.com . Neither the TSX Venture Exchange...
May 24, 2017
Peeks Announces "The Peeks Toronto Carnival"
Peeks Social Ltd. (TSX VENTURE: PEEK) (OTCQB: KEEKF) is pleased to announce that it has reached a multi-year agreement with The Toronto Caribbean Carnival (formerly known as The Scotiabank Toronto Caribbean Carnival and colloquially known as Caribana) to be its premier sponsor and to have the full naming rights to the entire Carnival which will be referred to as "The Peeks Toronto Caribbean Carnival". The Toronto Caribbean Carnival (the "Carnival"), launched in 1967 as part of Canada's centennial celebrations, will be celebrating its 50th anniversary this year and remains one of North America's largest cultural events with tens of millions of fans globally and over one million participants in the annual parade. The Carnival is a four day event that consists of a day-long "Rio Carnival-like" parade adorned with elaborate floats, bands, costume clad revellers, and several peripheral events. The objectives of the Company are to significantly heighten the profile of the Peeks product to...
May 23, 2017
Peeks App a 2017 Appy Award Finalist
Peeks Social Ltd. (TSX VENTURE: PEEK) (OTCQB: KEEKF) is pleased to announce that the Peeks app has been named a finalist in the coveted 2017 Appy Awards. The Appy Awards, produced by MediaPost Communications , acknowledge creativity and excellence in app design. Prior Appy Award finalists includes distinguished apps such as Tango, Shazzam, Match.com , and Bitstrips. "Our mission has been to revolutionize the social media space and we are thrilled that we have been recognized for our efforts and contributions to the social media landscape," said Mark Itwaru, CEO of Peeks Social Ltd. Appy Award winners are selected by a panel of industry experts. The 2017 Appy Award winners will be announced in New York City on May 17, 2017 . Further information on the Appy Awards can be found at www.mediapost.com/appyawards . The Company also announced that it has issued 1,157,000 common shares pursuant to the exercising of 1,150,000 warrants with an exercise price of $0.25, and 7,000 options with an...
May 10, 2017
Peeks Social Ltd. Announces Closing of Private Placement
Peeks Social Ltd. (TSX VENTURE: PEEK) (OTCQB: KEEKF) announced today that further to its press releases dated April 13, 2017 , and April 27, 2017 , it has closed the second and final tranche of its non-brokered private placement. The Company issued an aggregate of 7,200,000 units at a price of $0.90 per unit, including 500,000 units issued to Mark Itwaru , the CEO of the Company, for total gross proceeds from this private placement of $6,480,000 . Each unit consists of one common share and one common share purchase warrant of the Company. Each warrant is exercisable to purchase one additional common share of the Company at an exercise price of $1.10 per share for a period of 12 months from the date of issuance. The common shares and warrants will be subject to a four month hold period. The private placement is subject to the Company obtaining final acceptance from the TSX Venture Exchange upon the filing of required materials in due course. The Company paid aggregate finder's fees of...
May 1, 2017
Peeks Social Ltd. Announces Increase to Private Placement
Peeks Social Ltd. (TSX VENTURE: PEEK) (OTCQB: KEEKF) announced today that further to its press release dated April 13, 2017 , it has applied to the TSX Venture Exchange ("TSXV") to increase the amount of its non-brokered private placement of units from a maximum of $5,400,000 to a maximum of $6,480,000 . Each unit is being issued at a price of $0.90 per unit and consists of one common share and one common share purchase warrant of the Company. Each warrant is exercisable to purchase one additional common share of the Company at an exercise price of $1.10 per share for a period of 12 months from the date of issuance. A first closing was completed on April 12, 2017 , resulting in the issuance of 3,338,498 units for gross proceeds of $3,004,650 (see press release dated April 13, 2017 ). The Company has received subscription agreements in connection with the second closing for 3,652,995 units ($3,287,700). The second and final closing is expected to be completed on April 28, 2017, and...
April 27, 2017
Hannah Stocking Joins Peeks
Peeks Social Ltd. (TSX VENTURE: PEEK) (OTCQB: KEEKF) is pleased to announce that it has reached an agreement with celebrity influencer Hannah Stocking . Hannah will be leveraging the Peeks platform to give her 6.4 Million+ social media fans the opportunity to interact with her through live video and will be using Peeks as her premier livestreaming outlet to showcase behind the scenes content and eventually coordinate strategic brand placement opportunities through the OfferBox. Hannah is a top tier influencer with a very high engagement level. Many of her videos on Instagram receive in excess of 5 Million views. The Company is excited to have Hannah on board and she is gearing up towards her first livestream which will occur in the next few days. "We have been gaining tremendous interest from celebrity influencers and their agencies across North America as we continue to build upon on our core growth strategies. We are partnering with influencers who have a deep connection with the...
April 24, 2017
Peeks Welcomes Periscope's Most Viewed Streamers to the Peeks App
Peeks Social Ltd. (TSX VENTURE: PEEK) (OTCQB: KEEKF) is pleased to welcome a number of top influencers from Twitter's Periscope app to the Peeks service, including Sadiesha Stebbins ("Sadie"). The influencers have been experimenting with the Peeks app over the past few weeks, and have now entered into a strategic and exclusive partnership with Peeks to bring their engaging content and active following to the Peeks platform. In addition, they will be deploying over one thousand products through the OfferBox. Sadie's account @MzSadie has the highest viewed content on all of Periscope for the past 4 months running. She and her team of "Aces" have nearly 1.5 Million followers collectively and their original content attracts over a million views per week. The "Aces" include popular broadcasters Samantha Rakell (@samantharakell), Alexandra Universe (@alexandraunivers3), and Lauren Paige (@lauren_paige2727). Sadie is currently assembling a team of streaming influencers from across the world...
April 21, 2017
Peeks Welcomes Former Vine Stars
Peeks Social Ltd. (TSX VENTURE: PEEK) (OTCQB: KEEKF) is pleased to announce that former Vine stars Jerry Purpdrank and Daniel 'Nampaikid' Nguyen will be joining the Peeks platform. The pair will be leveraging the service to give their 10 Million+ social media fans the opportunity to interact with them through live video and will be using Peeks as their premiere livestreaming outlet to showcase behind the scenes content and eventually coordinate strategic brand placement opportunities through the OfferBox. Jerry is a premiere digital star with millions of followers on multiple social platforms. Jerry has also had recent success in music, with recent hits such as "No L's" receiving millions of streams, and millions of views on YouTube. Jerry is also a trained actor whose credits include a starring role in Eric England's feature movie "Get the Girl." Dan is a creative personality who is amongst the largest Asian American influencers on social media. As a martial arts expert, professional...
April 19, 2017
Peeks Releases OfferBox and Direct Messenger
Peeks Social Ltd. (TSX VENTURE: PEEK) (OTCQB: KEEKF) is pleased to announce that Apple has approved a new version of the Peeks iOS app which includes the OfferBox, Direct Messenger, and various other improvements. All new features are currently available on iOS devices. The Android version will be released imminently. The OfferBox allows users to create actionable incentives that can be distributed to viewers of livestreams and archived videos. All users have the ability to connect products or services from their own e-commerce websites or those of their affiliates or sponsoring brands. Digital products will be directly deliverable inside the Peeks app in an upcoming version. The Peeks service has the ability to monetize these Cost-Per-Action campaigns by charging a percentage of the gross sales price of items sold through the OfferBox, typically ranging from 5% to 12% on physical goods and 5% to 50% on digital goods. The OfferBox also has the ability to monetize the delivery of the...
April 17, 2017
Peeks Social Ltd. Completes Private Placement
Peeks Social Ltd. (TSX VENTURE: PEEK) (OTCQB: KEEKF) is pleased to announce that it has completed its first tranche of a non-brokered private placement of units to raise gross proceeds of up to $5,400,000 . The closing of the first tranche on April 12, 2017 , resulted in the issuance of 3,338,498 units for gross proceeds of $3,004,650 . Mark Itwaru , the CEO of the Company, purchased 555,555 units ($500,000) . Each unit was issued at a price of $0.90 per unit and consists of one common share and one common share purchase warrant of the Company. Each warrant is exercisable to purchase one additional common share of the Company at an exercise price of $1.10 per share for a period of 12 months from the date of issuance. A second closing is expected to be completed by April 28, 2017 . The common shares and warrants will be subject to a four month hold period. To date, the Company has received additional subscription agreements in relation to the second closing for 2,445,109 units...
April 13, 2017
Peeks Welcomes TV Star Scott Disick
Peeks Social Ltd (TSX VENTURE: PEEK) (OTCQB: KEEKF) is pleased to announce that it has entered into a contract with television star Scott Disick . Scott will be using the Peeks platform to provide exclusive content to his 18 Million+ fans, giving them the ability to interact with him through live video. Scott will be using Peeks as his premier livestreaming outlet to showcase behind the scenes content and eventually coordinate strategic brand placement opportunities through the OfferBox. The Company is excited to have Scott on board and is gearing up towards his first livestream in the coming days. "We are thrilled to have Scott on Peeks. Scott is extremely social media savvy and lives in the A-list world. We believe Scott's fans and Peeks users will absolutely love Scott's streams. Scott is one of a number of celebrities who form a key part of our marketing initiatives to allow us to extend our reach to potentially over 200 Million social media users. We are diligently developing our...
April 11, 2017
Peeks Service Set to Deploy the OfferBox
Peeks Social Ltd. (TSX VENTURE: PEEK) (OTCQB: KEEKF) is pleased to announce that the OfferBox is being deployed to the Peeks service. Using the OfferBox technology, users such as brands, influencers, and consumers, can create actionable incentives which can be distributed to their live audiences. The deployment also includes new chat features which allow users to send messages to each other in a private chat setting. The chat will also enable the delivery of offers as well as products or services that have been purchased from broadcasters. The iOS update was submitted to the Apple App Store for approval on March 31, 2017 . Due to cross Android and iOS interactions in the service, both the iOS and Android updates will be held until they can be released simultaneously. The Company also announced that pursuant to the exercising of 1,334,000 warrants at an exercise price of $0.30, it has issued 1,334,000 common shares, including 434,000 common shares issued to Mark Itwaru, the CEO of the...
April 3, 2017
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:
Peeks Social Ltd.
Mark Itwaru
Chairman & Chief Executive Officer
647-992-7727
mark@peeks.com Source: Peeks Social Ltd....
March 22, 2017
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

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