SOURCE: Keek Inc.

Keek Inc.

January 14, 2015 16:50 ET

Keek Announces Share Consolidation

NEW YORK, NY and TORONTO, ON--(Marketwired - January 14, 2015) - Keek Inc. (TSX VENTURE: KEK) (OTCQX: KEEKF), a leading global mobile video social media network with over 72 million members featuring a unique 36 second video format, today announced that further to its press release dated December 23, 2014, the share consolidation (the "Consolidation") of 30:1 for its common shares will be effective January 15, 2015, as previously anticipated.

Following the Consolidation there will be approximately 11,455,270 common shares issued and outstanding, not accounting for the rounding of fractional shares. The Consolidation was accepted by the TSX Venture Exchange (TSXV) on January 13, 2015. The common shares will trade on a consolidated basis on January 15, 2015. The stock trading symbol "KEK" has remained the same.

No fractional shares will be issued as a result of the Consolidation. Shareholders who would otherwise be entitled to receive a fraction of a common share will be rounded down to the nearest whole number of common shares and no cash consideration will be paid in respect of fractional shares.

In addition, the exercise price and number of common shares of Keek issuable upon the exercise of outstanding stock options and warrants or other convertible securities will be proportionately adjusted to reflect the Consolidation.

A letter of transmittal will be mailed to registered holders to be used to exchange their current share certificates for certificates representing the consolidated number of common shares in connection with the Consolidation.

For additional details please refer to the Information Circular dated November 12, 2014, which has been filed on SEDAR at www.sedar.com.

About Keek
Keek is a leading mobile video social network with over 72 million members worldwide. Keek is easy to use, fast and personal. With Keek, members around the world create and interact with videos up to 36 seconds in length and 111 characters of accompanying text, in either public or private views. Keek makes it simple for anyone to instantly create, distribute, discover and react to content in real-time across mobile devices and the web. The Keek app is available in over 190 countries across 6 global regions, and in 36 languages.

Additional investor information can be found at www.sedar.com or by contacting investors@keek.com.

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.

Contact Information