LONDON, ON--(Marketwired - September 19, 2016) - iLOOKABOUT Corp. (
The Offering remains subject to the TSX Venture Exchange's approval. The proceeds of the Offering will be used to help fund the Company's working capital requirements.
In addition, in accordance with the terms of his employment agreement, Mr. Rose has been granted options to purchase up to 1,000,000 common shares of the Company for an exercise price of $0.30, which options have a term of five years. These options were issued in accordance with, and are subject to, the Company's stock option plan and standard form of stock option agreement.
About iLOOKABOUT
iLOOKABOUT is a data analytics and visual intelligence company focused on real property, serving primarily the property assessment, property taxation, municipal, insurance, and appraisal sectors, both public and private, in North America. iLOOKABOUT's origins are with its StreetScape imagery and web-based geographic information system ("GIS") application, GeoViewPort™, which unifies property related data and enables desktop review of properties. iLOOKABOUT has integrated powerful data analytics and workflow management applications into GeoViewPort to create service offerings uniquely customized for its clients. These offerings include Real Property Tax Analytics ("RPTA") and Realty Tax Management ("RTM"). To augment the Company's technology based offerings, real estate consulting services are also provided, with a focus on the Property Tax and Valuation sectors.
Headquartered in London, Ontario, Canada, iLOOKABOUT's common shares are traded on the TSX Venture Exchange under the symbol ILA.
Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
Contact Information:
Contact:
Laurence Rose
Chief Executive Officer
laurence.rose@ilookabout.com
647.920.6383
www.ilookabout.com